UniCredit SpA Chief Executive Officer Andrea Orcel effectively ruled out making an offer for Commerzbank AG at the current price, saying such a move wouldn’t add value after a rally in the stock.

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream NBC 5 for free ...

German Chancellor Friedrich Merz reaffirmed he wants Commerzbank AG to remain independent and opposes a takeover by the Italian lender UniCredit SpA.

German Chancellor Friedrich Merz has voiced strong opposition to Italian bank UniCredit's bid to take control of German lender Commerzbank, calling the proposed move "unacceptable. " The German ...

About 200 Commerzbank (ETR: CBKG) employees gathered outside the venue of the annual shareholder meeting, carrying placards saying "strong and standalone" and "no to UniCredit".

WIESBADEN (Reuters) -Commerzbank's chief executive and hundreds of employees voiced support for the German lender's standalone strategy as its shareholders met on Thursday, stepping up efforts to ...

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.

The German lender reported its ‘best quarterly result since the first quarter of 2011’ as it attempts to fend off Unicredit’s takeover efforts.

Commerzbank, fending off a possible takeover by Italy's UniCredit, said today that net profit rose nearly 12% in the first quarter, beating expectations despite strong headwinds for the German ...

Commerzbank , fending off a possible takeover by Italy's UniCredit , said on Friday that net profit rose nearly 12% in the first quarter, beating expectations despite strong headwinds for the ...

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts.

UniCredit and Commerzbank are launching competing campaigns to win over Germany’s Mittelstand, turning a cross-border takeover battle into a fight for the backbone of the country’s economy.