German union appeals to Berlin to prevent Commerzbank sale to …
WEB20 hours ago · Commerzbank, with more than 25,000 business customers, almost a third of German foreign trade payments and more than 42,000 staff, is a linchpin of the German economy, Europe's industrial motor.
Germany Investigates Its Own Handling of Commerzbank Stake Sale
WEB16 hours ago · September 19, 2024 at 12:39PM EDT. Commerzbank headquarters in Frankfurt, Germany. Photographer: Alex Kraus/Bloomberg (Alex Kraus/Bloomberg) (Bloomberg) -- The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed UniCredit SpA to swoop in and take a major stake in the lender.
Explainer: ECB's role in any UniCredit and Commerzbank …
WEB22 hours ago · For UniCredit , opens new tab to raise its Commerzbank , opens new tab stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks.
Exclusive: Commerzbank readies talks with UniCredit but remains ...
WEB2 days ago · Item 1 of 2 Bettina Orlopp, CFO of Germany's Commerzbank AG attends the Commerzbank AG annual results news conference in Frankfurt, Germany, February 13, 2020.
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB20 hours ago · Markets. UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say. Tie-up between European banks seen having “strategic merits”. Rival Deutsche Bank is reported to be weighing its ...
German Ministry Plans to Keep Selling Commerzbank Shares
WEB2 days ago · September 18, 2024 at 2:35 AM EDT. Save. The German Finance Ministry is sticking to a plan to sell off its entire stake in Commerzbank AGdespite UniCredit SpA’s move to buy all the shares ...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government. The stake acquisition marks the...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEB4 days ago · The sudden move to become Commerzbank’s second-biggest shareholder — behind the government with its remaining 12 per cent — caught the German establishment off-guard, ignited public opposition to...
How UniCredit swept up a stake in Commerzbank in bid to grow …
WEBSep 11, 2024 · Trade unionists too, fearing heavy job losses, also oppose a tie-up.Commerzbank shares closed up 16.6% at 14.69 euros in Frankfurt, while UniCredit's closed 0.2% higher in Milan.
Exclusive-UniCredit, German government hold talks after Commerzbank …
WEBSep 13, 2024 · BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender's purchase of a 9% stake in Commerzbank, a German government source said on Friday.
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