Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Commerzbank'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 hefty stake in the German ...
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
Germany's sluggish economic growth is a key obstacle. The country is projected to grow at an average rate of just 0.5% ...
Commerzbank shares were up three percent on Monday, making it the top performer on Germany's blue-chip DAX index. Commerzbank CEO Bettina Orlopp in December refused to rule out redundancies in an ...
Germany is grappling with challenges in funding increased defense spending to meet NATOs target of 2% of GDP, with some ...
Germany’s economy is tanking—again. For the second year in a row, Europe’s largest economy is officially in decline, ...
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of ...