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UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian lender's CEO, Andrea Orcel, to abandon the pursuit.
After years of retrenchment, Commerzbank’s head of corporate clients Michael Kotzbauer tells Euromoney of a tentative return to growth. The bank has dodged Germany’s commercial real estate slump but ...
Commerzbank’s large corporates business, which includes the German Mittelstand (larger SMEs) corporate banking operation, does have a relatively strong market position with larger corporates.
UniCredit poised to pounce on Commerzbank German bank attempts to rebuff unwanted advance CEO to outline plan of action Plans include staff cuts and new targets Four of them said, however, the ...
Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar with the matter, as the German lender moves to free up capital to fend off ...
Orcel said the Italian bank was able to buy 4.5% of the state's stake in Commerzbank because the government trusts UniCredit, Reuters reported Thursday citing local media.
Banking Commerzbank Lifts Shareholder Returns After 2024 Profit Breaks Record Net profit rose to a record €2.68 billion in 2024 from €2.22 billion a year earlier ...
Commerzbank and Crypto Finance, a subsidiary of Deutsche Börse, have joined forces with an aim to offer Commerzbank’s corporate clients in Germany secure and easy access to crypto assets. The joint ...
Orcel said the Italian bank was able to buy 4.5% of the state's stake in Commerzbank because the government trusts UniCredit, Reuters reported Thursday citing local media.
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. Skip to content Breaking ...