unicredit commerzbank news

Germany to Keep Commerzbank Shares After UniCredit Takes Stake

The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.

Reuters on MSN · 21h

Germany must oppose UniCredit takeover of Commerzbank, employees say

By Tom Sims and Christian Kraemer 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 as workers fear massive job losses if a deal goes through.

FIRSTonline · 4h

Commerzbank, German Government not selling any more shares for now: Unicredit and Deutsche Bank takeover bid halted - FIRSTonline

In a surprise move, the Federal Finance Agency announces that "The federal government will not sell any more Commerzbank shares until further notice."

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 ...

NBC Connecticut2d

What buying Commerzbank would mean for UniCredit — and the banking sector

Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. UniCredit continues to surprise markets with ...

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 ...

1dIn Depth

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 ...

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 ...

Euromoney4d

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 ...

Mena FN12h

'We See Potential' In Commerzbank Merger: Unicredit Boss

(MENAFN- Jordan Times) FRANKFURT, Germany - UniCredit CEO Andrea Orcel openly acknowledged Monday that he was in favour of ...

Hosted on MSN3d

ECB has no grounds to block UniCredit's higher Commerzbank stake: Federated Hermes

Filippo Alloatti, head of financials in the credit team at Federated Hermes, discusses Italian bank UniCredit's request to raise its stake in Commerzbank.

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