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Shares in EU automakers fell as the market digested Trump's tariff threat. Volkswagen, Stellantis and Volvo Cars were among the companies that lost ground Monday. So too did shares of European drink ...
UniCredit said it converted part of its position in peer Commerzbank into stock to double its equity stake, becoming the largest shareholder of the German lender that it hopes to engineer a merger ...
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The German lender reported its ‘best quarterly result since the first quarter of 2011’ as it attempts to fend off Unicredit’s takeover efforts.
Commerzbank, fending off a possible takeover by Italy's UniCredit, said today that net profit rose nearly 12% in the first quarter, beating expectations despite strong headwinds for the German ...
Commerzbank has no obligation to update or release any revisions to the forward-looking statements contained in this release to reflect events or circumstances after the date of this release.
The German DAX Index has jumped after falling sharply last month. Top companies like Mercedes Benz, Deutsche Bank, and Deutsche Boerse published their earnings this week. The top companies to ...
Commerzbank AG - Pre-Stabilisation Notice PR Newswire LONDON, United Kingdom, February 25 Pre-Stabilisation Notice February 25, 2025 Not for distribution, directly or indirectly ...
Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts.
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
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