Germany to hold onto Commerzbank stake as lender aims for …
WEB2 days ago · FRANKFURT, Sept 20 (Reuters) - Germany will not sell any more shares in Commerzbank , opens new tab for now and the bank's strategy is "geared towards independence," the country's Finance Agency ...
German union appeals to Berlin to prevent Commerzbank sale to …
WEB3 days 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.
German Government Won’t Sell More Commerzbank Shares for …
WEB2 days ago · September 20, 2024 at 2:06 PM EDT. Save. Germany won’t sell any more shares in Commerzbank AG, a move that demonstrates the depth of opposition in Berlin to any takeover by Italian rival ...
Commerzbank Stake Sale Drives New Wedge in Scholz Coalition
WEB3 days ago · Updated on. September 20, 2024 at 11:29 AM EDT. Save. The German government’s decision to offload about a quarter of its holding in Commerzbank AGis driving another wedge into Chancellor Olaf ...
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB3 days 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 ...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEB6 days ago · Opposition politicians riled by top government officials caught unaware of talks with Italian lender. JPMorgan Chase bankers who advised the German government on the 4.5% stake sale in...
Commerzbank shares up after UniCredit buys stake from German …
WEBSep 11, 2024 · A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024. Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% ...
Commerzbank Boss Cool On UniCredit Approach | Barron's
WEB6 days ago · Commerzbank has bounced back strongly since then, posting its best annual net profit for 15 years in 2023. It is aiming for even better results in 2024 despite expectations of lower interest rates.
UniCredit’s Andrea Orcel swoops on Commerzbank - Financial …
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a...
Germany trims Commerzbank stake; CEO won't seek new term
WEBSep 10, 2024 · CEO Knof won't seek new term after contract ends in Dec 2025 Government reducing stake to 12% from 16.5% FRANKFURT, Sept 10 (Reuters) - Commerzbank's (CBKG.DE), opens new tab chief executive ...
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