Commerzbank to Meet UniCredit Tomorrow for Talks
Commerzbank CEO-designate Bettina Orlopp says she’ll meet with UniCredit on Friday. The Italian lender has a 21% stake in its German rival and said it may consider a takeover bid. Orlopp made the comments at a conference while also pledging to increase profitability and pay out more money in an effort to shore up investor support.
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving ...
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Italian Deputy Prime Minister Matteo Salvini on Thursday said he would not want to see UniCredit shift its legal base to ...
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
FRANKFURT (Reuters) - Six European Central Bank policymakers told Reuters they were broadly in favour of a tie-up between ...
Newly named Commerzbank Chief Executive Bettina Orlopp has a difficult first mission: Fend off an Italian raider, UniCredit, ...
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.
A meeting between bankers from Germany's Commerzbank and Italy's UniCredit on Friday will be held virtually in the morning, a ...
In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Commerzbank (0RLW – Research Report), with a ...
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