ECB's Lagarde praises bank mergers
ECB's Lagarde praises bank mergers as UniCredit courts Commerzbank
Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central Bank President Christine Lagarde said on Monday, as Italy's UniCredit pressed for a tie-up with Germany's Commerzbank .
The following charts show how the two banks differ across an array of measures and what any combined bank could look like: 1.
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 ...
Commerzbank's designated CEO Bettina Orlopp was also present on Friday's conference call, which a UniCredit source had ...
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover.
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as ...
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
At 61 billion euros ($68 billion), UniCredit's market value is roughly three times Commerzbank's 19 billion euros. Shares in ...
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