Germany to Keep Commerzbank Shares After UniCredit Takes Stake — Update
The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
German Government Won’t Sell More Commerzbank Shares for Now
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
Week Ahead for FX, Bonds: U.S. PCE Inflation Data, Australia Rate Decision
Hungary's central bank announces a rate decision on Tuesday. Analysts at UniCredit Research expect a 25 basis-point cut in Hungary's policy rate, from 6.75% currently, particularly given the central ...
Germany must oppose UniCredit takeover of Commerzbank, employees say
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on ...
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ECB’s de Guindos hopes for more cross-border bank consolidation; Close Brothers to sell wealth unit
The European Central Bank is hoping for increased cross-border consolidation among banks to improve sector efficiency and boost valuations, ECB vice president Luis de Guindos told Portugal’s Expresso ...
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Unicredit-Commerzbank: German government opens investigation. And for Bbva-Sabadell the market demands a relaunch
The European banking game is getting more and more complicated, with the German government intending to examine the ...
Commerzbank Labor Representative Sees Two-Thirds of Jobs at Risk
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...
Commerzbank Labor Union ‘Bitterly’ Opposes Any Unicredit Merger
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
Germany must oppose UniCredit takeover of Commerzbank, bank employees and union warn
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a ...
HSBC share price is up 200% from 2020 lows; more upside?
The HSBC share price has soared by over 200% from its lowest point in 2020. We explain what to expect as the turnaround ...
Commerzbank Reverse Takeover Option Could Address Some Issues -- Market Talk
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...