Tag: Commerzbank

Value cuts in any Commerzbank merger would have an effect on headquarters not branches, Unicredit CEO tells Economist By Reuters

MILAN (Reuters) - Value cuts at Commerzbank (ETR:) if UniCredit have been to purchase its German rival would largely have an effect on its head workplace not its department community, UniCredit CEO...

October 4, 2024

Commerzbank shares fall 6% as German authorities plans to maintain stake By Reuters

FRANKFURT (Reuters) -Shares of Commerzbank (ETR:) and UniCredit opened decrease on Monday after the German authorities mentioned that it will retain its 12% stake within the German financial institution for now in...

September 23, 2024

European banks rise as UniCredit’s transfer on Commerzbank lifts M&A prospects to forefront By Reuters

By Gianluca Lo Nostro and Philippe LeroyBeaulieu (Reuters) - Shares in European banks continued their upward development on Thursday, largely pushed by the read-across from UniCredit's sweep to purchase a 9% stake...

September 12, 2024