The German government on Wednesday criticized UniCredit over what it called a “completely inappropriate and unfair” takeover ...
Commerzbank wants to cut a further 3,000 jobs and at the same time significantly increase its profit targets. The ...
MILAN (Reuters) -UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it seeks to win over opposition to a possible takeover ...
The €35B all-share bid is now formal, UniCredit has already de-risked the capital increase, and it’s signaling execution with ...
(ANSA) - ROME, MAY 11 - European Central Bank Vice-President Luis de Guindos criticised Berlin's opposition to UniCredit's ...
The ECB's moral suasion on the Berlin government. In an interview with the Financial Times, the ECB vice president criticized Germany's stance, while Executive Board member Piero Cipollone, speaking ...
As UniCredit prepares to take over Commerzbank, some members of Germany's government are examining a drastic step to fend off ...
Commerzbank will cut up to 3,000 jobs to help it reach more ambitious profit targets as it battles to fend off a hostile ...
Germany’s second-largest lender, Commerzbank, has announced a significant workforce reduction of up to 3,000 positions as it ...
Commerzbank on Friday pledged to reduce costs by cutting staff and upgraded its financial targets, as it seeks to fend off ...
MILAN (Reuters) -UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank, the Italian bank's CEO was quoted as saying on Friday. German ...
A senior German official said he’s worried about risks for the country’s economic backbone of small and medium-sized enterprises if Commerzbank AG were to be acquired by UniCredit SpA. If the ...
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