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Silver retreated after climbing near a 14-year high. The metal outperformed gold in recent days likely due to a catch-up effect, as investors sought cheaper alternatives following gold’s strong gains.
The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.
Deutsche Bank raised the firm’s price target on Commerzbank (CRZBY) to EUR 26 from EUR 22 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source for real-time ...
German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...
In a report released today, Benjamin Goy from Deutsche Bank maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price target of €26.00. The company’s shares closed ...
-- Commerzbank is considering acquiring a mid-sized German bank in a bid to fight off a possible takeover by Italy's UniCredit, Reuters reports citing unnamed sources. -- Talks over an acquisition ...
UniCredit's move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger could spur more acquisitions and shake up the European banking ...