DZ Bank CEO Says UniCredit’s Commerzbank Deal Could Make …
WEB12 hours ago — A senior German banker said there a several reasons why a takeover of Commerzbank AGby UniCredit SpAcould be beneficial, demonstrating that the strong opposition to the potential deal by the ...
Commerzbank Gets $4.2 Billion in Orders for AT1 Bond Deal
WEB18 hours ago — Commerzbank AG received more than $4.2 billion in orders for a sale of Additional Tier 1 notes in the German lender’s first public foray into bond markets since UniCredit SpA signaled its ...
Commerzbank’s Orlopp Says Strategy Is ‘Built on Independence’
WEB15 hours ago — October 1, 2024 at 7:18 AM EDT. Save. Commerzbank AG’s new Chief Executive Officer Bettina Orloppsought to rally the troops on her first day in office, pledging to advocate for a strategy built ...
Germany on the defensive as UniCredit gains some support for ...
WEB6 days ago — MILAN/BERLIN, Sept 25 (Reuters) - Germany cranked up its opposition on Wednesday to UniCredit's , opens new tab raid on Commerzbank , opens new tab at the same time as a big investor in the German ...
German authorities caught cold by UniCredit’s swoop on Commerzbank
WEB6 days ago — Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion euro merger of Frankfurt-based Commerzbank. Market observers told CNBC on Tuesday that the ...
Commerzbank picks Bettina Orlopp as new chief amid fight over …
WEBSep 24, 2024 — Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight a possible takeover of the German bank by Italy’s UniCredit. Orlopp, currently ...
German union appeals to Berlin to prevent Commerzbank sale to …
WEBSep 19, 2024 — 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.
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...
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...
Orcel Escalates Commerzbank Fight With Surprise Stake Boost
WEBSep 23, 2024 — UniCredit Escalates Commerzbank Fight With Surprise Stake Boost. (Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel moved to more than double the lender’s stake in Commerzbank AG ...