UniCredit needs to get approval from Germany’s antitrust authority, in addition to a green light from the European Central Bank, before it can consider a conversion of its Commerzbank derivatives into ...
Citi raised the firm’s price target on Commerzbank (CRZBY) to EUR 22.70 from EUR 19 and keeps a Neutral rating on the shares.Light Up your ...
The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival Commerzbank , a person familiar with the matter told Reuters, a move that could pave ...
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Ansa on MSNCommerzbank vows to muddy UniCredit's path to takeoverThe chairman of the Commerzbank works council, Sascha Uebel, has said Italy's UniCredit is in for a fight if it decides to ...
Commerzbank CBK2.31%increase; green up pointing triangle plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s ...
Germany, which still owns about 12% in Commerzbank, will need some time to form a government after snap elections last month.
Commerzbank AG will rely on significant risk transfers to make more money from lending to companies. The bank’s corporate clients unit expects SRTs to help it cut €10 billion ($10.4 billion ...
UniCredit has asked German antitrust authorities to approve its move to take a substantial stake in Commerzbank, another key ...
FRANKFURT (Reuters) - Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct ...
BERLIN (Reuters) - Italian lender UniCredit has reported its planned acquisition of a 29.99% minority stake in Germany's ...
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