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UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank , the ...
Germany called on UniCredit SpA Chief Executive Officer Andrea Orcel to abandon his pursuit of Commerzbank AG, after the Italian bank doubled its equity stake by converting derivatives into shares.
"At the same time, EU policymakers say that they are preparing the most punitive sanctions package since 2022 – this marks a ...
European stocks rose for a third day, with banks leading gains on the back of a rally in UniCredit SpA, while advertising ...
German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...
UniCredit said it converted part of its position in peer Commerzbank into stock to double its equity stake, becoming the largest shareholder of the German lender that it hopes to engineer a merger ...
UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor ...
Britain's 10-year gilt yield was down 1.6 bps on Friday at 4.525%, having risen as high as 4.681% on Wednesday. Wednesday's sharp collapse in British government bond prices was sparked by a U-turn on ...
UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
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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.