UniCredit's Advancements Create Urgency at Commerzbank, Which Improves Its Value Proposition
Commerzbank's exposure to the SME market could result in increased credit losses in an economic downturn. Although the bank does cover expected credit losses adequately, we believe, IFRS 9 rules could ...
Commerzbank CEO rejected to meet with UniCredit CEO for deal talks, FT says
CEO Bettina Orlopp rejected an invitation from Andrea Orcel to hold talks about a potential tie-up with UniCredit (UNCRY) ...
Commerzbank Says No Talks With UniCredit Until Specific Offer Made
BERLIN (Reuters) - Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it ...
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 chairman sees little chance of amicable UniCredit merger, report says
BERLIN, Jan 13 (Reuters) - Commerzbank's (CBKG.DE), opens new tab supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank ...