UniCredit, Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central ...
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Germany’s government will keep its 12% stake in Commerzbank until further notice, after a sale of a portion of its shares to Italy’s UniCredit sparked takeover speculation.
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the ...
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.
Commerzbank outperformed the iShares MSCI Europe Financials ETF in 2024. Learn more about CRZBY stock and its growth ...