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At Close: Jun 03, 2026
Cost cuts in any Commerzbank merger would affect headquarters not branches, Unicredit CEO tells Economist
11:13am, Friday, 04'th Oct 2024
Cost cuts at Commerzbank if UniCredit were to buy its German rival would mostly affect its head office not its branch network, UniCredit CEO Andrea Orcel was quoted as saying on Friday.
Intesa CEO says rival Unicredit can create value through a merger with Commerzbank
09:00am, Thursday, 03'rd Oct 2024
Intesa Sanpaolo Chief Executive Carlo Messina said on Thursday Unicredit can create value through a merger with Commerzbank , as the Italian rival bank already runs a large banking business in Germany
UniCredit's rating might top Italy's if it buys Commerzbank, Moody's says
03:40am, Wednesday, 02'nd Oct 2024
Moody's would consider hiking UniCredit's credit rating one notch above Italy's sovereign rating if it bought Commerzbank, depending on a number of factors including an ability to contain execution an
Commerzbank CEO tells staff: UniCredit stake 'not something we chose'
06:06am, Tuesday, 01'st Oct 2024
Commerzbank's Chief Executive Officer said on Tuesday that the Italian bank UniCredit "might want more" of Commerzbank and that "this wasn't something we chose".
Italy could intervene over UniCredit HQ in Commerzbank deal
11:02am, Monday, 30'th Sep 2024
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank , government officials said, adding Rome expects to have a say in the matter based on its 'gold
UniCredit and Commerzbank in five charts
07:29am, Monday, 30'th Sep 2024
UniCredit chief executive officer Andrea Orcel and Commerzbank's designated chief Bettina Orlopp have held a first round of talks as the Italian bank presses to explore a tie-up and the German bank re
The Disruptive Bank Deal Everyone Wanted---Until It Happened
11:00pm, Saturday, 28'th Sep 2024
UniCredit's effort to buy Germany's Commerzbank is a test of a broader project to revive Europe's vitality and stature in the world.
UniCredit CEO Orcel attended virtual meeting with Commerzbank, source says
09:38am, Saturday, 28'th Sep 2024
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the German lender's biggest private investor, a source with knowledge of the mat
What might a combination of UniCredit and Commerzbank look like?
11:24am, Friday, 27'th Sep 2024
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as the biggest investor in its German peer with a nearly 21% stake, subject to s
Exclusive: Germany's finance minister underscores concern over Commerzbank takeover approach to Italy, say sources
06:24am, Friday, 27'th Sep 2024
Germany's finance minister has underscored to Italy's Treasury his concerns over any hostile takeover of Commerzbank by Italy's UniCredit in recent days, according to two people familiar with the matt
Commerzbank-UniCredit to meet virtually on Friday, says source
02:10am, Friday, 27'th Sep 2024
A meeting between Commerzbank and UniCredit on Friday will be held virtually in the morning, a source told Reuters.
Italy deputy PM would not like UniCredit to shift legal base to Germany in Commerzbank deal
09:31am, Thursday, 26'th Sep 2024
Italian Deputy Prime Minister Matteo Salvini on Thursday said he would not want to see UniCredit shift its legal base to Germany as part of a potential Commerzbank deal.
Under-fire Commerzbank sets ambitious profit goal
05:40am, Thursday, 26'th Sep 2024
Shares of Commerzbank, the German bank being pursued by Italy's UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns.
Commerzbank to hold first talks with UniCredit on Friday
04:04am, Thursday, 26'th Sep 2024
Commerzbank's designated CEO, Bettina Orlopp, said on Thursday that the bank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up.
S&P says Commerzbank's rating may come under pressure in UniCredit deal
03:35am, Thursday, 26'th Sep 2024
Credit rating agency S&P Global said it saw risks that Commerzbank's creditworthiness could come under pressure if Italian bank UniCredit succeeded in its takeover attempt.
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