Commerzbank warns UniCredit merger is threat to German …
WEB9 hours ago · Commerzbank’s management has warned the German government that a potential multibillion-euro merger with UniCredit is a threat to businesses that make up the backbone of Europe’s biggest ...
Germany to hold onto Commerzbank stake as lender aims for …
WEB2 days ago · FRANKFURT, Sept 20 (Reuters) - Germany will not sell any more shares in Commerzbank , opens new tab for now and the bank's strategy is "geared towards independence," the country's Finance Agency ...
Andrea Orcel, Commerzbank and the redemption trade
WEB9 hours ago · UniCredit’s own position has been strengthened considerably thanks to a 65 per cent increase in its share price over the past year, on the back of stronger profits. Orcel may apply pressure for ...
German union appeals to Berlin to prevent Commerzbank sale to …
WEB3 days ago · Commerzbank, with more than 25,000 business customers, almost a third of German foreign trade payments and more than 42,000 staff, is a linchpin of the German economy, Europe's industrial motor.
Commerzbank Stake Sale Drives New Wedge in Scholz Coalition
WEB3 days ago · Updated on. September 20, 2024 at 11:29 AM EDT. Save. The German government’s decision to offload about a quarter of its holding in Commerzbank AGis driving another wedge into Chancellor Olaf ...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEBSep 16, 2024 · Opposition politicians riled by top government officials caught unaware of talks with Italian lender. JPMorgan Chase bankers who advised the German government on the 4.5% stake sale in...
Exclusive-Commerzbank readies talks with UniCredit but remains …
WEB4 days ago · FRANKFURT (Reuters) - Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge of the ...
UniCredit Takeover for Commerzbank Is Priced In by Bond …
WEBSep 13, 2024 · Bond investors are starting to see an increasing likelihood that Italian lender UniCredit SpA will take over Commerzbank AG.
Commerzbank warns UniCredit merger is threat to German …
WEB9 hours ago · Earlier this month, UniCredit took a 9% stake in Commerzbank, catching German authorities off guard. UniCredit's swoop is the most ambitious attempt yet at a pan-European bank merger, but faces considerable political hurdles in Germany. Executives at the German bank say a tie-up with UniCredit could hobble lending to small and medium-sized German companies that play an important role in the ...
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