Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share ...
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...
UniCredit Takes 4% Generali Stake in Latest Italian Dealmaking
UniCredit SpA built a minority equity stake in Assicurazioni Generali SpA, adding to a flurry of dealmaking in the Italian ...
Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports
Commerzbank is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy's UniCredit , the Financial Times reported on Saturday, citing people familiar with the ...
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Commerzbank boss refused to meet UniCredit chief for informal deal talks
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up with UniCredit ... have to wait for a new government to form before ...