Agrees to buy Dresdner Bank, one of Germany's biggest banks, from insurer Allianz in a $14.5 billion deal. Commerzbank is Germany's first commercial bank to turn to the government for capital ...

"Now it's about lifting Commerzbank to the next level," Orlopp said. Andrea Orcel, the CEO of UniCredit, shocked Germany's corporate and political establishment last year when his Italian bank ...

Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank. By Melissa Eddy and Bernhard Warner Melissa Eddy ...

Any takeover would create an entity that would surpass Deutsche Bank as Germany's biggest lender. Deutsche Bank explored a merger with Commerzbank in 2019, but it ended without agreement.

Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant UniCredit. About 3,900 full-time positions will be cut by the end of 2027 ...

Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

"I think it is very difficult for UniCredit to take over or to reach an agreement on Commerzbank without the approval of the German government, just as a practical matter — but I think Germany ...

The battle for Germany’s Commerzbank CBK0.83%increase; green up pointing triangle heated up Monday, with German leader Olaf Scholz and his government rallying to the bank’s defense after ...

Germany’s government decided to keep its stake in Commerzbank CBK0.68%increase; green up pointing triangle until further notice, after a sale of a portion of its shares to Italy’s UniCredit ...