UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB1 day ago · Markets. UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say. Tie-up between European banks seen having “strategic merits”. Rival Deutsche Bank is reported to be weighing its ...
Germany to Keep Commerzbank Shares After UniCredit Takes …
WEB13 hours ago · The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 ...
Explainer: ECB's role in any UniCredit and Commerzbank …
WEB1 day ago · For UniCredit , opens new tab to raise its Commerzbank , opens new tab stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks.
German union appeals to Berlin to prevent Commerzbank sale to UniCredit …
WEB1 day ago · FRANKFURT, Sept 19 (Reuters) - A German bank staff union on Thursday called on Berlin to prevent UniCredit (CRDI.MI), opens new tab from buying Commerzbank (CBKG.DE), opens new tab, warning of ...
Commerzbank snubs overtures for UniCredit takeover | Reuters
WEB4 days ago · Commerzbank CEO says wants to stay independent. BERLIN, Sept 16 (Reuters) - The chief executive of Germany's Commerzbank (CBKG.DE) snubbed overtures for a takeover by Italy's UniCredit (CRDI.MI ...
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
WEB1 day ago · Recommended. The Italian government is supportive of a Commerzbank takeover — provided that the headquarters of an enlarged pan-European lender remains in Italy, according to people familiar ...
Explainer-ECB's role in any UniCredit and Commerzbank …
WEB1 day ago · UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be ...
Bundesbank Chief Weighs In on Potential Commerzbank-UniCredit …
WEBSep 13, 2024 · Bundesbank President Joachim Nagelsaid robust banks are required to ensure companies get the financing they need. “We need strong and robust banks,” he told Deutschlandfunk on Friday. While ...
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEB5 days ago · UniCredit acquired the government block of shares at a 4.8 per cent premium to Tuesday’s closing price. Commerzbank’s shares have since shot up 24 per cent because the Italian bank’s holding is...