Commerzbank AG
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Finance
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany,…
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Finance
Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty…
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Finance
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty…
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Finance
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures…
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Finance
Italy’s Mediobanca rejects Monte dei Paschi’s ‘destructive’ 13-billion-euro takeover bid
The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg |…
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Finance
UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty…
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Finance
UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty…
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Finance
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Italian…
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Finance
UniCredit and Commerzbank square off with target hikes amid takeover battle
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland |…
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Finance
Dutch government to reduce its stake in ABN Amro by a quarter
Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender…
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