ATLANTA & FRANKFURT AM MAIN, Germany - Global Payments Inc. (NYSE: NYSE: GPN) and Commerzbank (ETR: CBKG) (FRA: CBK) announced a joint venture aimed at providing digital payment solutions to small and ...

Milan-based UniCredit has built a 21% holding in Commerzbank, which is mostly in the form of derivatives, and said a full takeover is an option. The Italian bank has also said that the majority of ...

Germany, which still owns about 12% in Commerzbank, will need some time to form a government after snap elections last month. UniCredit on Friday also cleared an important hurdle for a potential ...

It also needs to wait for a new German government to form to discuss its potential takeover of one of Germany’s largest banks. UniCredit started buying shares in Commerzbank last year.

For 2022, it rose 33% to 6.5 billion euros. Commerzbank, which focuses on medium-sized firms known as Mittelstand that form the backbone of the German economy, is a barometer of the nation's health.

Global Payments, Commerzbank form digital payment JV Open in App Get 50% Off Sign In Free Sign Up ...

FRANKFURT - Commerzbank AG (OTC: CRZBY) and Global Payments (NYSE: GPN) Inc. have teamed up to create a new joint venture, Commerz Globalpay GmbH, which will be headquartered in Frankfurt, Germany ...