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 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 ...
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 ...
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.
Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was €13. ...
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'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 ...
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 ...
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 ...
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 ...
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 ...