News

Italy's UniCredit is ready to let its offer for Banco BPM lapse, CEO Andrea Orcel said on Tuesday, but added the situation ...
Commerzbank's chief executive and hundreds of employees voiced support for the German lender's standalone strategy as its ...
Commerzbank logo is seen on the Commerzbank Tower in the center of the banking city in Frankfurt am Main. Helmut Fricke/dpa Negotiations over job cuts at Germany's Commerzbank are nearly complete ...
UniCredit, with a stake of nearly 10%, is Commerzbank's second-largest shareholder after the German government. It began a push for a potential pan-European bank merger last year, leaving Germany ...
Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor ...
Last month, Germany’s Federal Cartel Office approved Italy’s second-largest lender’s plan to purchase a major stake in state-backed Commerzbank. UniCredit revealed last year that it had secured a ...
UniCredit has built up a hefty stake in Commerzbank since last year, sparking speculation it could seek to swallow up Germany’s second-biggest lender, in a move that shocked Berlin’s corporate ...
Key risks include larger ECB rate cuts, the unwind of the EUR/PLN carry trade, and no GDP growth recovery in Germany. I previously covered Commerzbank back in March, arguing a Hold rating was now ...
Germany backs Commerzbank AG as an independent firm, Finance Minister Lars Klingbeil said Friday, indicating that opposition to the bank’s potential takeover by UniCredit SpA won’t abate under ...
Highly regarded issuer prints longest covered bond for three years ◆ Deal is more expensive than SSA debt... ◆... but ...
Ultimately, the competitive environment in Germany and, more important, the low profitability inherent in this market create a significant hurdle that Commerzbank is not able to overcome to a ...