The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.

Italian bank UniCredit ( OTCPK:UNCFF) ( OTCPK:UNCRY) said Monday it increased its stake in Commerzbank ( OTCPK:CRZBF) ( OTCPK ...

Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...

Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...

Italy's Unicredit announced on Monday that it has boosted its stake in Commerzbank to around 21% through the purchase of ...

UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...

The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...

UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its ...

German Chancellor Olaf Scholz warned against a "hostile takeover" of Commerzbank, after Italy's UniCredit revealed it had ...

Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.

UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...

Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...