The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
Barclays has helped UniCredit to build a secret 21% stake as Italian lender looks to force the German bank to the negotiating ...
Italian bank UniCredit ( OTCPK:UNCFF) ( OTCPK:UNCRY) said Monday it increased its stake in Commerzbank ( OTCPK:CRZBF) ( OTCPK ...
Venture investors both cheered the Federal Reserve's half-percentage-point interest rate cut last week and acknowledged its effects would take time to ripple through the startup ecosystem. But once ...
German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
Italian lender UniCredit said Monday it has increased its stake in Germany's Commerzbank to around 21 percent.
Italy's UniCredit has announced a significant increase in its stake in Germany's Commerzbank, moving its holding to nearly 21 ...
US and European shares nudged higher Monday as investors were torn between hopes of further interest rate cuts and weak ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...