Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by ...
Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , ...
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...
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German lender Commerzbank raised its 2024 outlook Wednesday after better-than-expected quarterly results, as it seeks to fend off a potential takeover bid from Italy's UniCredit.
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to ...
UniCredit said stated net profit for the July-September period totalled 2.51 billion euros, against a 2.27 billion euro ($2.48 billion) average forecast in a company-provided consensus. ($1 = 0.9158 ...
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
UniCredit, Italy's second-biggest bank by assets, is awaiting supervisory approval to become the main investor in German rival Commerzbank, which reported a smaller-than-expected drop in third ...
In a report released today, Delphine Lee from J.P. Morgan maintained a Buy rating on UniCredit SpA (UNCFF – Research Report), with a ...