The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.

Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up with UniCredit, and has instead insisted on receiving a written proposal before engaging, according to people familiar with the situation.

Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official said Monday.

Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of

German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes.com.

Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank's surprise purchase of a hefty stake in the German lender,

Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to present on Feb. 13, the Financial Times reported, citing people familiar with the matter.

Commerzbank Aktiengesellschaft (CZB) Commerzbank completes share buyback of €600 m – Second tranche of up to €400 m applied for 21-Jan-2025 / 09:58 CET/CEST The issuer is solely responsible for the content of this announcement.

Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome.

Germany and Europe should continue on the path of expanding low-carbon energies during the second presidency of Donald Trump, a climate change sceptic, outgoing German vice chancellor Robert Habeck said on Tuesday.

The eurozone Composite Purchasing Managers' Index, released by Hamburg Commercial Bank and S&P Global on Friday, rose in January to 50.2 from 49.6 a month earlier, beating economists' forecasts. The reading over 50 indicates private-sector activity increased for the first time since August, but only very slightly.