UniCredit, Commerzbank and Germany
Commerzbank Stock: UniCredit's Takeover Bid Faces Scrutiny
The acquisition attempt faces mounting regulatory hurdles as Germany's Federal Cartel Office officially begins examining UniCredit's bid for a minority stake of up to 29.99%. The competition authority has approximately one month for initial assessment,
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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsCommerzbank 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. Commerzbank CEO Bettina ...
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...
The European Central Bank (ECB) is poised to give Italy's UniCredit the green light to build up its stake in German rival ...
Muted reaction in Bund spreads opens door for German issuer ◆ Issuer opts for low beta, short-dated offering ◆ Investors ...
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of ...
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