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Tag: Commerzbank AG

Dutch government to reduce its stake in ABN Amro by a quarter

Dutch government to reduce its stake in ABN Amro by a quarter

October 15, 2024October 15, 2024 · Banking

Jasper Juinen | Bloomberg | Getty Images The Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through…

Read more Dutch government to reduce its stake in ABN Amro by a quarter
Commerzbank and UniCredit set to meet as takeover prospect looms

Commerzbank and UniCredit set to meet as takeover prospect looms

September 26, 2024September 27, 2024 · Banking

A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Krisztian Bocsi | Bloomberg | Getty Images Commerzbank and UniCredit are…

Read more Commerzbank and UniCredit set to meet as takeover prospect looms
Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle

Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle

September 25, 2024September 25, 2024 · Banking

Bettina Orlopp, chief financial officer of Commerzbank AG, speaks during a fourth quarter earnings news conference at the bank’s headquarters in Frankfurt, Germany, on Thursday, Feb. 13, 2020.…

Read more Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover

Commerzbank board member warns of significant job losses with a hostile UniCredit takeover

September 24, 2024September 24, 2024 · Banking

15 February 2024, Hesse, Frankfurt/M.: The lettering “Commerzbank” can be seen on the Commerzbank Tower in the center of the banking city. Boosted by the turnaround in interest…

Read more Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank

UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank

September 23, 2024September 23, 2024 · Banking

Commerzbank headquarters in the financial district of Frankfurt, Germany, on Sept. 12, 2024. Bloomberg | Bloomberg | Getty Images UniCredit announced on Monday it had increased its stake…

Read more UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of the German bank
What buying Commerzbank would mean for UniCredit — and the banking sector

What buying Commerzbank would mean for UniCredit — and the banking sector

September 18, 2024September 19, 2024 · Banking

The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images UniCredit‘s move to take a…

Read more What buying Commerzbank would mean for UniCredit — and the banking sector
UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights

September 12, 2024September 12, 2024 · Banking

UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images UniCredit‘s CEO…

Read more UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank in his sights
Fintech targeted by climate skeptics banks  million from likes of UBS, Commerzbank

Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank

May 30, 2024May 30, 2024 · Banking

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial technology startup Doconomy told…

Read more Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
High interest rates help Germany’s Commerzbank post best results in 15 years

High interest rates help Germany’s Commerzbank post best results in 15 years

February 15, 2024February 15, 2024 · Banking

Commerzbank on Thursday reported a 55% hike in net profit for 2023, as high interest rates helped the German banking giant report its best results in 15 years.…

Read more High interest rates help Germany’s Commerzbank post best results in 15 years
Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl

Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl

January 18, 2024January 21, 2024 · Banking

Christian Sewing, Chief Executive Officer of Deutsche Bank, has acknowledged that a recession in Germany is inevitable, and urged leaders to accelerate its decoupling from China. Denis Balibouse…

Read more Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl
No rate hikes or cuts — Commerzbank CFO says the European Central Bank has likely hit pause

No rate hikes or cuts — Commerzbank CFO says the European Central Bank has likely hit pause

August 4, 2023August 4, 2023 · Banking

The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates…

Read more No rate hikes or cuts — Commerzbank CFO says the European Central Bank has likely hit pause
Deutsche Bank shares slide 9% after sudden spike in the cost of insuring against its default

Deutsche Bank shares slide 9% after sudden spike in the cost of insuring against its default

March 24, 2023March 24, 2023 · World News

A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche…

Read more Deutsche Bank shares slide 9% after sudden spike in the cost of insuring against its default
European banking stocks sink as Silicon Valley Bank jitters spread

European banking stocks sink as Silicon Valley Bank jitters spread

March 10, 2023March 10, 2023 · Business

European banking stocks sold off sharply in early trade Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world. It…

Read more European banking stocks sink as Silicon Valley Bank jitters spread
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