FRANKFURT, Sept 18 (Reuters) - Commerzbank (CBKG.DE), opens new tab is poised to put CFO Bettina Orlopp in charge of talks with UniCredit (CRDI.MI), opens new tab when the German bank's ...
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 ...
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 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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
Italy’s UniCredit took a stake of around 9% in smaller German peer Commerzbank and opened the door to further share purchases, reviving the prospect of a deeper tie-up between the banks.
News updates from September 11: Italy’s UniCredit buys 9% of Commerzbank; US inflation falls to 2.5% on facebook (opens in a new window) News updates from September 11: Italy’s UniCredit buys ...