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German Chancellor Friedrich Merz currently sees no risk that Italy’s UniCredit SpA will be able to take over Commerzbank AG.
Italy's UniCredit is ready to let its offer for Banco BPM lapse, CEO Andrea Orcel said on Tuesday, but added the situation ...
As Bettina Orlopp prepared to address Commerzbank AG’s annual meeting ... they were cheering the bank and booing a firm that wasn’t even there, UniCredit SpA.
The German lender reported its ‘best quarterly result since the first quarter of 2011’ as it attempts to fend off Unicredit’s takeover efforts. Germany’s Commerzbank posted better-than ...
Commerzbank's return on tangible equity improved year-over-year but is set to decline as the bank books restructuring charges. Commerzbank now expects the ECB to lower rates to 1.75%, below the 2% ...
Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor ...
It has also received the green light from regulators to buy up to 29.99 percent of Commerzbank, just below the level at which it would be required by law to make an offer for all of the bank.
and in March the European Central Bank gave the green light for the bank to buy up to 29.9 percent of Commerzbank. Commerzbank has responded by announcing plans to cut 3,900 jobs, mostly in ...
With UniCredit’s acquisition of Commerzbank’s stake, the largest cross-border banking deal in Europe since the global financial crisis, Orcel strengthened his reputation as a prolific rainmaker. Still ...
On Tuesday, Deutsche Bank (ETR: DBKGn) analysts increased their price target on Commerzbank AG (CBK:GR) (OTC: CRZBY) shares to €29.00, up from the previous €26.00, while reaffirming their Buy rating ...
Reports emerged yesterday morning that the Bank of England (BoE ... so there is a chance that we will see a repeat on Thursday, Commerzbank's FX analyst Michael Pfister notes.
In future, ICICI Bank is also expected to introduce new airline and hotel loyalty partners, on the lines of its competitors. A customer can buy gift vouchers of several online and offline brands ...
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