Explainer: ECB's role in any UniCredit and Commerzbank …
WEB1 day ago · For UniCredit , opens new tab to raise its Commerzbank , opens new tab stake above 10% will, however, need approval from the European Central Bank, the supervisor of the euro zone's biggest banks.
German union appeals to Berlin to prevent Commerzbank sale to UniCredit …
WEB22 hours ago · FRANKFURT, Sept 19 (Reuters) - A German bank staff union on Thursday called on Berlin to prevent UniCredit (CRDI.MI), opens new tab from buying Commerzbank (CBKG.DE), opens new tab, warning of ...
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB21 hours 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 ‘very sceptical’ about UniCredit move on Commerzbank
WEB1 day ago · UniCredit became Commerzbank’s second-largest shareholder last week after disclosing a 9 per cent stake in the lender, half of which it purchased in a single block from the German government ...
Explainer-ECB's Role in Any UniCredit and Commerzbank ... - U.S. News
WEB1 day ago · FRANKFURT (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters ...
UniCredit seeks ECB approval for larger stake in Commerzbank
WEB2 days ago · The news spurred a surge in Commerzbank shares, reaching €15.85 before a slight pullback – a level not seen since 2012. UniCredit's shares also gained 0.6% following the news. Initial stake ...
Berlin blindsided after JPMorgan asked UniCredit to bid for Commerzbank …
WEB4 days ago · Before this month, Berlin repeatedly signalled to UniCredit and European rivals circling Commerzbank that it was not interested in selling to them. Instead, it wanted to sell its stake in small ...
Exclusive-UniCredit, German government hold talks after Commerzbank …
WEBSep 13, 2024 · BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender's purchase of a 9% stake in Commerzbank, a German government source said on Friday.
UniCredit approach prompts doubt over Commerzbank’s …
WEBSep 12, 2024 · Commerzbank has discussed the future of its share buyback programme after Italian lender UniCredit built a 9 per cent stake in the German bank in what could be the opening move of a full...
Bundesbank Chief Weighs In on Potential Commerzbank-UniCredit …
WEBSep 13, 2024 · Bundesbank President Joachim Nagelsaid robust banks are required to ensure companies get the financing they need. “We need strong and robust banks,” he told Deutschlandfunk on Friday. While ...
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