Germany's Commerzbank wants formal proposal before UniCredit takeover
Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Deutsche Bank shares drop 5% after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
Commerzbank Mulls Job Cuts in Strategy Revamp, FT Says
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
Commerzbank says UniCredit's approach is hostile and unilateral
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
How Germany could finance higher defense spending
Germany's sluggish economic growth is a key obstacle. The country is projected to grow at an average rate of just 0.5% ...
Reuters8d
Commerzbank AG
Italy's Banco BPM strikes deal with unions on 550 hirings, 1,100 early retirements December 19, 2024 Germany will not subject any potential takeover of Commerzbank by Italy's UniCredit to an ...
NBC Los Angeles7d
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank. The move by UniCredit, which is ...