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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,
Business Recorder
37m
Commerzbank, UniCredit to meet Friday morning, source says
FRANKFURT: A meeting between bankers from Commerzbank and UniCredit will be held virtually on Friday morning, a person with ...
1d
on MSN
UniCredit overtures hold few fears for Germany's Mittelstand
Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top ...
Euromoney
26m
HSBC wealth buy boosts BNP Paribas’s Germany strategy
As HSBC retrenches from domestic business on the continent, BNP Paribas steps up its ambition in Europe’s biggest economy – ...
2h
Commerzbank and UniCredit set to meet as takeover prospect looms
Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover.
19h
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 ...
1d
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), ...
1d
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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