UniCredit has asked German antitrust authorities to approve its move to take a substantial stake in Commerzbank, another key ...

Germany's Federal Cartel Office is reviewing plans by major Italian bank UniCredit to expand its stake in German lender ...

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...

The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival ...

Muted reaction in Bund spreads opens door for German issuer ◆ Issuer opts for low beta, short-dated offering ◆ Investors ...

BERLIN (Reuters) - Italian lender UniCredit has reported its planned acquisition of a 29.99% minority stake in Germany's ...

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans told ...

Frankfurt (Germany) (AFP) – German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian ...

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts. Germany's Commerzbank on ...

“This makes Commerzbank stronger and better.” The job cuts, to be implemented by 2028, come after Germany’s second-biggest bank booked a record profit in 2024. But the bank said they could ...