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UniCredit, Commerzbank

Reuters on MSN · 2h

Germany must oppose UniCredit takeover of Commerzbank, bank employees and union warn

FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit. The joint statement from the Commerzbank works council and the Verdi union marks the starkest opposition yet by employee representatives of a possible tie-up between the two banks.

Bloomberg L.P. · 3d

UniCredit May Repeat Germany Cost Cuts at Commerzbank, KBW Says

UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.

Italy's UniCredit CEO Rules Out Commerzbank Takeover Bid

The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to 29.

19hon MSN

Explainer-ECB's role in any UniCredit and Commerzbank combination

UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...

Unicredit-Commerzbank: German government opens investigation. And for Bbva-Sabadell the market demands a relaunch

The European banking game is getting more and more complicated, with the German government intending to examine the ...

2d

Exclusive-Commerzbank Poised to Put CFO Orlopp in Charge of Talks With UniCredit, Sources Say

FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...

1d

UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says

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

UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say

UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...

3d

Commerzbank CEO Says He Will Study UniCredit’s Strategy Ideas

Commerzbank AG Chief Executive Officer Manfred Knof said he’ll study any proposals coming from UniCredit AG after the Italian ...

How UniCredit became a real contender for Commerzbank

If UniCredit is close to acquiring Commerzbank, it’s not just the result of a quick and crafty deal in the equities market.

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