ECB's Lagarde praises bank mergers
Cross-Border Bank Mergers Can Have Benefits, Lagarde Says
European Central Bank President Christine Lagarde said international banking mergers in the euro zone can have "lots of benefits," including a greater ability to compete with foreign rivals. She added she was not commenting on any specific transaction.
Commerzbank outperformed the iShares MSCI Europe Financials ETF in 2024. Learn more about CRZBY stock and its growth ...
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
UniCredit's interest in Commerzbank has raised hackles in Germany but a leading economist who chairs a panel advising Chancellor Olaf Scholz's government said Monday the arguments against a potential ...
The drivers of recent banking transactions are many of those that have shaped the European banking industry for the past 15 ...
UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of ...
Commerzbank's designated CEO Bettina Orlopp was also present on Friday's conference call, which a UniCredit source had ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as ...
Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving ...
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in ...
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival ...
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