DAVOS: Heading into the glitzy World Economic Forum, the thinking was it would be the perfect place for many of the biggest deals in the works among Europe’s lenders to inch their way into existence.
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
FRANKFURT (Reuters) - Commerzbank (ETR: CBKG) on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", ...
The bank did not give a reason for the potential relocation, although it has previously stressed its importance to the ...
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
Commerzbank is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy's UniCredit, the ...
German lender Commerzbank AG is in talks to rent a 52-story skyscraper currently being built in Frankfurt by regional lender ...
BERLIN (Reuters) - Commerzbank (ETR: CBKG )'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 ...
UniCredit stunned markets in September when it built a stake in Germany's Commerzbank (CBKG.DE), opens new tab, triggering a political storm about losing a national champion. UniCredit may now ...
Gazprom braced for sharp layoffs Letter suggests cutting staff at headquarters Gazprom in 2023 recorded first loss since 1999 Company hit hard by loss of much of its European sales MOSCOW ...