CEO Slawomir Krupa intensifies cost-cutting to boost SocGen's performance despite challenges. Analysts watch third-quarter ...
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...
The German government--the biggest shareholder in Commerzbank--said Friday that it won't offload any additional shares in the bank following the sale to UniCredit for 702 million euros ($783.5 million ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on ...
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
Stock futures edged lower as the dust settled after Thursday's rally, and bond yields traded just shy of two week highs. Investors will see option contracts tied to more than $5 trillion in tradeable ...
The HSBC share price has soared by over 200% from its lowest point in 2020. We explain what to expect as the turnaround ...
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
UniCredit, Italy's second-largest bank, is making strategic moves to expand its influence in the European banking sector by acquiring a significant stake in Germany's Commerzbank. Currently holding 9% ...
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...