Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be ...
LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...
German business morale unexpectedly improved in January thanks to a more positive assessment of the current economic ...
Germany is grappling with challenges in funding increased defense spending to meet NATOs target of 2% of GDP, with some ...
Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
The eurozone Composite Purchasing Managers' Index, released by Hamburg Commercial Bank and S&P Global on Friday, rose in January to 50.2 from 49.6 a month earlier, beating economists' forecasts. The ...
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of ...
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...