The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
The German government said Friday it had decided not to sell off any more of its Commerzbank shares "for the time being", after Italy's UniCredit unexpectedly built up a nine-percent stake in the ...
Hungary's central bank announces a rate decision on Tuesday. Analysts at UniCredit Research expect a 25 basis-point cut in Hungary's policy rate, from 6.75% currently, particularly given the central ...
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a ...
The HSBC share price has soared by over 200% from its lowest point in 2020. We explain what to expect as the turnaround ...
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
UniCredit, Italy's second-largest bank, is making strategic moves to expand its influence in the European banking sector by acquiring a significant stake in Germany's Commerzbank. Currently holding 9% ...
Fast money's loss is real money's gain. The regulatory benefits and promise of longer term returns that covered bonds offer ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...