The government said it won't offload any additional shares in the bank following the sale to UniCredit for EUR702 million. The move marks an U-turn for the government. Governor Michelle Bowman, who ...
CEO Slawomir Krupa intensifies cost-cutting to boost SocGen's performance despite challenges. Analysts watch third-quarter ...
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a ...
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...
UniCredit, Italy's second-largest bank, is making strategic moves to expand its influence in the European banking sector by acquiring a significant stake in Germany's Commerzbank. Currently holding 9% ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...