Italy's UniCredit said today that it had acquired a 9% stake in Germany's Commerzbank and will "explore value creating opportunities for all stakeholders in both banks". The purchase by Italy's ...

The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much as ...

UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.

A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper today, adding a decision was in the hands ...

Bond investors are starting to see an increasing likelihood that Italian lender UniCredit SpA will take over Commerzbank AG. The borrowing costs of the two major European lenders converged to the ...

UniCredit's purchase of a 9% stake in Commerzbank has raised the prospect of a merger which has long been considered a natural option for the Italian lender, which entered the German market in ...

Milan (Italy) (AFP) – UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine ...

BERLIN, Sept 16 (Reuters) - A merger of UniCredit (CRDI.MI), opens new tab and Commerzbank (CBKG.DE), opens new tab could add value for all stakeholders and create a stronger bank, UniCredit CEO ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerzbank is open to talks about a potential tie-up with UniCredit, said people familiar with the ...

UniCredit buys 9% of Commerzbank as Germany cuts holding Commerzbank board member opposes any move to buy bank Bank executives have long desired European consolidation Commerzbank shares soar ...

Italy’s UniCredit took a stake of around 9% in smaller German peer Commerzbank and opened the door to further share purchases, reviving the prospect of a deeper tie-up between the banks.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top officials in Berlin were not briefed in advance about an invitation for UniCredit to bid for a German ...