Commerzbank says UniCredit's approach is hostile and unilateral
Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...
Job Cuts Report Worries Employees At Germany's Commerzbank
Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official ...
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UniCredit's behavior is not transparent says Berlin
UniCredit's behaviour in raising its stake in Germany's second biggest bank Commerzbank to 28% after its purchase of another ...
Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy
The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and ...
Investors bet Trump will make Europe investable again
The big hope is that Europe will move faster to implement reforms in the face of competitive threats from the US ...
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MPS launches €13bn takeover bid for Mediobanca; Commerzbank CEO reportedly declines merger talks with UniCredit boss
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
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Italy’s UniCredit tightens restrictions in Russia, suspends euro transfers
Italian bank UniCredit — one of the last remaining Western banks still operating in Russia — has stopped outgoing euro ...