Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
Victoria Farr BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's ...
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because ...
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
Commerzbank shares fell after the German government said it decided to keep its stake in the lender for the time being, ...
The German bank named its next CEO on Tuesday. The lender’s board decried a sudden buy-up of stock by Italy’s UniCredit, which may be looking for a cross-border path to take on Wall Street.
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.
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
Italian bank UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) said Monday it increased its stake in Commerzbank (OTCPK:CRZBF) ...
Italian bank says purchase will complete only once it receives regulatory approval to increase holding from 9% ...
If the deal wins approval, it will make the Italian bank Commerzbank's largest shareholder - to the dismay of the German ...
Government signals no plans for further share sales amidst UniCredit's surprising move, with Commerzbank focused on staying ...