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At Close: Jun 03, 2026
UniCredit tie-up with Commerzbank could result in massive job cuts, DBV bank union warns
09:37am, Thursday, 19'th Sep 2024
Germany's DBV bank union on Thursday warned of massive job cuts if UniCredit and Commerzbank merge, and said that the German government has a special responsibility to preserve jobs rather than cash i
Explainer: ECB's role in any UniCredit and Commerzbank combination
07:29am, Thursday, 19'th Sep 2024
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while saying it would be open
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO tells paper
02:46am, Thursday, 19'th Sep 2024
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" moves such as an
What buying Commerzbank would mean for UniCredit — and the banking sector
01:02am, Thursday, 19'th Sep 2024
Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government. UniCredit continues to surprise markets with some ste
Italy in favour of UniCredit-Commerzbank deal as long as HQ stay in Italy
01:48pm, Wednesday, 18'th Sep 2024
Italy's government sees favourably UniCredit's efforts to build a large European banking group through a merger with Germany's Commerzbank as long as the Milanese bank keeps its central functions in I
Intesa CEO says Commerzbank move makes sense for UniCredit, but we're different
10:39am, Wednesday, 18'th Sep 2024
UniCredit's investment in German rival Commerzbank is consistent with an "excellent" geographic diversification strategy, the chief executive of Italy's top lender Intesa Sanpaolo said on Wednesday, a
UniCredit's bid for Commerzbank is next 'logical step', analyst says
09:30am, Wednesday, 18'th Sep 2024
Arnaud Journois, senior vice president of European Financial Institution Ratings at Morningstar DBRS, says there is "double logic" behind UniCredit's bid for Commerzbank as the Italian lender seeks to
Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit, sources say
03:54am, Wednesday, 18'th Sep 2024
Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge of the matter said.
German government should hold onto Commerzbank stake and reflect calmly, CFO says
03:50pm, Tuesday, 17'th Sep 2024
The German government should hold onto its Commerzbank share and reflect calmly on the situation, the German lender's finance chief said on Tuesday.
German finance ministry to continue selling off Commerzbank shares, Bloomberg News reports
01:48pm, Tuesday, 17'th Sep 2024
The German finance ministry remains committed to selling its entire stake in Commerzbank , despite UniCredit's interest in potentially buying the lender, Bloomberg News reported on Tuesday.
UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
08:31am, Tuesday, 17'th Sep 2024
UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank , three people close to the matter said, in order to have the "flexibility" the Italian bank's CEO Andrea Orcel said he ne
Deutsche Bank Mulls Ways to Foil UniCredit's Commerzbank Move
12:42pm, Monday, 16'th Sep 2024
Lento Tang, Bloomberg Intelligence Banks Analyst, joins Bloomberg Intelligence to discuss the latest on the UniCredit/Commerzbank purchase as Deutsche mulls ways to delay -------- Get more on The Bloo
Commerzbank snubs overtures for UniCredit takeover
07:57am, Monday, 16'th Sep 2024
The chief executive of Germany's Commerzbank snubbed overtures for a takeover by Italy's UniCredit , saying on Monday he had his own plans for the bank and hoped it could stay independent.
Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt
01:10am, Monday, 16'th Sep 2024
A merger of Italy's Unicredit and Germany's Commerzbank would add value for all stakeholders and create a much stronger competitor in the German banking market, Unicredit CEO Andrea Orcel told Handels
Exclusive: Unicredit and German government talk after Commerzbank stake purchase, source says
05:09am, Friday, 13'th Sep 2024
German government officials and UniCredit bankers have held talks after the Italian lender bought its 9% stake in Commerzbank , a German government source said on Friday.
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