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Germany to Keep Commerzbank Shares
Germany must oppose UniCredit takeover of Commerzbank, employees say
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit as workers fear massive job losses if a deal goes through.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
UniCredit May Repeat Germany Cost Cuts at Commerzbank, KBW Says
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.
3d
Exclusive-Commerzbank Poised to Put CFO Orlopp in Charge of Talks With UniCredit, Sources Say
FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...
Mena FN
9h
'We See Potential' In Commerzbank Merger: Unicredit Boss
(MENAFN- Jordan Times) FRANKFURT, Germany -
UniCredit
CEO Andrea Orcel openly acknowledged Monday that he was in favour of ...
4d
Commerzbank CEO Says He Will Study UniCredit’s Strategy Ideas
Commerzbank AG Chief Executive Officer Manfred Knof said he’ll study any proposals coming from UniCredit AG after the Italian ...
2d
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
NBC Connecticut
2d
What buying Commerzbank would mean for UniCredit — and the banking sector
Last week,
UniCredit
announced it had taken a 9% stake in
Commerzbank
, confirming that half of this shareholding was acquired from the government.
UniCredit
continues to surprise markets with ...
Euromoney
4d
How UniCredit became a real contender for Commerzbank
If
UniCredit
is close to acquiring
Commerzbank
, it’s not just the result of a quick and crafty deal in the equities ...
2d
Intesa CEO says Commerzbank move makes sense for UniCredit, but we're different
UniCredit's investment in German rival Commerzbank is consistent with an "excellent" geographic diversification strategy, the ...
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