Commerzbank Speeds Up Planning Amid Potential UniCredit Bid
WEB1 day ago · Commerzbank is working to shore up investor support after UniCredit last month unveiled a large stake and said a takeover is an option. Orlopp previously presented new financial targets for the ...
Commerzbank would lose clients in UniCredit merger, German …
WEB1 day ago · Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender's CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer would result in the ...
Commerzbank Speeds Up Planning Amid Potential UniCredit Bid
WEB1 day ago · October 7, 2024 at 5:10 AM PDT. Translate. Commerzbank AG has accelerated strategic planning as it seeks to prepare for a potential takeover offer from rival UniCredit SpA. “Normally, we would ...
Commerzbank's new CEO vows to fight UniCredit takeover
WEB1 day ago · Commerzbank’s new CEO Bettina Orlopp said she will resist a UniCredit takeover, warning it would harm the German bank’s credit rating and result in significant customer losses.
Commerzbank Speeds up New Strategy Amid Potential UniCredit …
WEB1 day ago · Arno Schütze. Commerzbank AG has accelerated its strategic planning and started work on its financial goals for the period after 2027, as it seeks to prepare for a potential takeover offer from rival UniCredit SpA. A merger would take years to implement, so it’s important to be able to compare such a scenario with a medium to long-term ...
Letter: UniCredit-Commerzbank deal is test case for ECB
WEB1 day ago · The UniCredit-Commerzbank deal is a test case for the ECB, which will reverberate into the future, and be a golden opportunity for its supervisory board to uphold its independence. Ignazio ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEBSep 23, 2024 · Shares of Commerzbank closed around 6% lower Monday, while UniCredit shares slipped 3%. VIDEO 02:59. UniCredit’s bid for Commerzbank is next ‘logical step’ for the bank’s strategy: analyst. The...
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...
Live news: UniCredit will not push for board seat at Commerzbank ...
WEBSep 24, 2024 · Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight an attempted takeover of the German bank by Italy’s UniCredit.
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEBSep 16, 2024 · 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...