Commerzbank to Meet UniCredit Tomorrow for Talks
Commerzbank CEO-designate Bettina Orlopp says she’ll meet with UniCredit on Friday. The Italian lender has a 21% stake in its German rival and said it may consider a takeover bid. Orlopp made the comments at a conference while also pledging to increase profitability and pay out more money in an effort to shore up investor support.
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to ...
UniCredit has taken the opportunity to floor the downside of its investment in Commerzbank and can just walk away if the ...
FRANKFURT (Reuters) - Six European Central Bank policymakers told Reuters they were broadly in favour of a tie-up between ...
Andrea Orcel suggested Commerzbank AG could be a lot more successful if it was remade to look more like UniCredit SpA’s ...
Credit rating agency S&P Global said it saw risks that Commerzbank's creditworthiness could come under pressure if Italian ...
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the ...
Employees of Commerzbank protest against a potential takeover battle by UniCredit, in front of the Commerzbank headquarters ...
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Commerzbank on Tuesday announced its current Chief Financial Officer Bettina Orlopp will soon become CEO of the embattled ...
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