Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
Germany's economy has contracted for two consecutive quarters, sparking recession fears amid political uncertainty ahead of a ...
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
Italy's Banco BPM strikes deal with unions on 550 hirings, 1,100 early retirements December 19, 2024 Germany will not subject any potential takeover of Commerzbank by Italy's UniCredit to an ...
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
Commerzbank shares were up three percent on Monday, making it the top performer on Germany's blue-chip DAX index. Commerzbank CEO Bettina Orlopp in December refused to rule out redundancies in an ...
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of ...
Germany's sluggish economic growth is a key obstacle. The country is projected to grow at an average rate of just 0.5% ...
Suggestions that German lender Commerzbank was considering cutting ... A plan to significantly reduce the headcount at Germany's second-largest bank would be presented to the works council in ...