Germany's Commerzbank wants formal proposal before UniCredit takeover
Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
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Germany's Economic Challenges: A Nation in Recession
Germany's economy has contracted for two consecutive quarters, sparking recession fears amid political uncertainty ahead of a ...
Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
Commerzbank Mulls Job Cuts in Strategy Revamp, FT Says
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
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 ...
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Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank. The move by UniCredit, which is ...