German union appeals to Berlin to prevent Commerzbank sale to …
WEB19 hours ago · Commerzbank, with more than 25,000 business customers, almost a third of German foreign trade payments and more than 42,000 staff, is a linchpin of the German economy, Europe's industrial motor.
Explainer: ECB's role in any UniCredit and Commerzbank …
WEB21 hours ago · For UniCredit , opens new tab to raise its Commerzbank , opens new tab stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks.
Germany Investigates Its Own Handling of Commerzbank Stake Sale
WEB16 hours ago · September 19, 2024 at 12:39 PM EDT. Save. The German government has started an internal probe into its Commerzbank AGshare sale after the transaction allowed UniCredit SpAto swoop in and take a ...
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB19 hours ago · Markets. UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say. Tie-up between European banks seen having “strategic merits”. Rival Deutsche Bank is reported to be weighing its ...
Exclusive: Commerzbank readies talks with UniCredit but remains ...
WEB2 days ago · Item 1 of 2 Bettina Orlopp, CFO of Germany's Commerzbank AG attends the Commerzbank AG annual results news conference in Frankfurt, Germany, February 13, 2020.
Explainer-ECB's role in any UniCredit and Commerzbank …
WEB21 hours ago · UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be ...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the...
Exclusive-UniCredit, German government hold talks after Commerzbank …
WEBSep 13, 2024 · BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender's purchase of a 9% stake in Commerzbank, a German government source said on Friday.
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEB4 days ago · The sudden move to become Commerzbank’s second-biggest shareholder — behind the government with its remaining 12 per cent — caught the German establishment off-guard, ignited public opposition to...
How UniCredit swept up a stake in Commerzbank in bid to grow …
WEBSep 11, 2024 · Trade unionists too, fearing heavy job losses, also oppose a tie-up.Commerzbank shares closed up 16.6% at 14.69 euros in Frankfurt, while UniCredit's closed 0.2% higher in Milan.