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Investing.com -- The possibility of a takeover of Commerzbank AG (OTC:CRZBY) by UniCredit SpA (LON:0RLS) is dwindling due to opposition from the German government, according to KBW analyst...
Investing.com -- Commerzbank (ETR:CBKG) announced on Thursday its plans to eliminate 3,900 jobs as part of a strategic overhaul aimed at countering UniCredit's attempts for a merger between the German...
Investing.com -- Commerzbank (ETR:CBKG), based in Germany, is planning to implement staff reductions and revamp its financial targets in an attempt to ward off merger overtures from Italy's UniCredit,...
Investing.com -- The chances of a friendly merger between Commerzbank (ETR:CBKG) and UniCredit seem slim, following the Italian bank's unexpected acquisition of a substantial stake in the German...
Investing.com -- UniCredit, Italy's second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30% threshold that would trigger a mandatory takeover...
Investing.com -- UniCredit SpA (BIT:CRDI) said on Wednesday that it had increased its potential stake in Germany's Commerzbank (ETR:CBKG) to 28% through new derivative agreements, up from 21%...
On Tuesday, Unicredit (BIT:CRDI) SpA (UCG:IM) (OTC: UNCFF) received continued support from a major financial institution, with a reiterated Buy rating and a price target of EUR42.00. The reiteration...
UniCredit SpA (UCG.MI) has reported a robust performance in its second quarter and first half of 2024, marking 14 consecutive quarters of profitable growth. The bank's earnings call highlighted...
The ASX rallied in early trading on a strong tech windfall but losses in other sectors undermined the gains, pushing the bourse back down to lose just 0.13% or 10 points to 7,653.00. The Tech sector...
By Sinéad Carew and Sruthi Shankar (Reuters) - The S&P 500 closed Monday's session slightly lower as investors held their breath before a crucial inflation reading that could provide clues as to how...
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