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UniCredit Flagged Commerzbank Interest to Germany
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
Germany on the defensive as UniCredit gains some support for Commerzbank talks
Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the German lender called for talks, which are being sought by the Italian bank's CEO Andrea Orcel.
Germany's Commerzbank promises better returns after UniCredit bid
Commerzbank is setting itself higher profitability targets in its battle with the Italian bank UniCredit, which is pursuing a growing stake in the German lender. Commerzbank on Thursday announced plans to increase the return on equity for investors by more than 12% by 2027,
2d
Germany does not see legal means to prevent UniCredit takeover, sources say
The German government does not see legal powers it could use to prevent the takeover of Commerzbank by Italy's UniCredit , ...
13h
UniCredit’s Blueprint at HVB Spells Deep Cuts for Commerzbank
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
GlobalCapital
8h
UniCredit stakebuild is another win for Barclays’ new IB gameplan
Helping UniCredit build its stake in Commerzbank is a coup for Barclays, as it tries to climb in investment banking under new ...
2d
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
1d
Commerzbank CEO To Exit Early After UniCredit Approach
Manfred Knof will step down as Commerzbank CEO earlier than planned, Germany's second biggest lender said Wednesday, amid talk of a potential takeover by Italian rival UniCredit.
19h
Commerzbank Confirms Strategy, Sees Growth In Profit, RoTE By 2027; Stock Up
German lending major Commerzbank AG (CRZBY.PK), which is the takeover target of Italian lender UniCredit SpA (UCG, UNCFF.PK), ...
20h
on MSN
Commerzbank digs in on independence as UniCredit seeks possible tie-up
Commerzbank's supervisory and management boards unanimously agreed to support the bank's current strategy of independence, ...
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