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 quarterA 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 loomsBettina 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 battle15 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 takeoverCommerzbank 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 bankThe 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 sectorUniCredit 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 sightsBanking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for bigger banks across…
Read more Italy looks like fertile ground for a mega merger deal in bankingDeutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division and confirmed…
Read more Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streakA logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Shares of Italian bank UniCredit hit their highest level…
Read more Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beatWefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources…
Read more Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh fundsCredit Suisse on Thursday announced that it will delay the publication of its 2022 annual report. Stefan Wermuth | Bloomberg | Getty Images Shares of embattled bank Credit…
Read more Credit Suisse shares slide 21%, trading halted after Saudi backer rules out further assistanceA pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla Cerea | Bloomberg…
Read more UniCredit CEO says Europe may defy the odds and avoid a recession
