FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a ...
Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its biggest banks by an Italian rival, a stance that pits Berlin against Rome and Europe's regulators, several ...
(Bloomberg) -- UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around ...
Commerzbank (CRZBF) is planning to exit its landmark Frankfurt headquarters as part of a significant cost-cutting initiative ...
Why has UniCredit bought a stake in Commerzbank? UniCredit surprised markets two weeks ago by revealing it had acquired a 9% stake in Commerzbank for about €700 million ($771.3 million), after ...
(Bloomberg) -- The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the limited influence it has despite its fierce opposition to ...
Commerzbank is in talks that could lead to it exiting its landmark Frankfurt headquarters as the German lender pushes to cut ...
Feb 14 (Reuters) - Germany, in an unexpected move, will not take part in Commerzbank's CBKG.DE share buy-back programme and as a result increase its stake in the lender to 16.5%, business daily ...
Caught cold by UniCredit's swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from Berlin.
Commerzbank AG has obtained a crypto custody license in Germany, the company announced Wednesday. The license will let the Frankfurt-headquartered global bank offer a broad range of digital asset ...
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