The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a ...
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...
UniCredit, too, does not need to buy Commerzbank outright to make money. It can gain as a significant shareholder, while exploring other options to combine parts of the businesses. It latest move ...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation ...
Hi, it’s Ryan Gould in New York, rounding up a busy few days of Intel news. Also today, UniCredit builds its Commerzbank ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
Tensions between Germany and UniCredit SpA burst into the open Monday as the government said it opposes a takeover of Commerzbank AG while the Italian lender moved to raise its stake.
category Germany's Scholz shuts door to UniCredit after 'attack' on Commerzbank 4:53 PM UTC · Updated ago Autos & ...
Elsewhere, Prologis opened books on an October 2034 green bond at 175bp over mid-swaps via BBVA, ING, JP Morgan and Société ...
In corporate news, Commerzbank (CBK.D.DX) slumped over -5% after the German government said late on Friday that it had no plans to sell additional shares in the country’s second-largest lender. France ...
Italian banking giant UniCredit has increased its stake in German rival Commerzbank from 9% to 21%, signaling a potential ...