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German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.
The CEO of UniCredit renewed his push to merge the Italian bank with its German rival Commerzbank , attempting to make his ...
UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian lender's CEO, Andrea Orcel, to abandon the pursuit.
UniCredit CEO Andrea Orcel and German Finance Minister Lars Klingbeil exchanged letters over the future of Commerzbank AG, ...
Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. UniCredit on Tuesday said it had increased its equity stake in Commerzbank to about 20 per cent, as the ...
Yesterday, the EUR/USD exchange rate could soon reach 1.18 again. The Euro (EUR) promptly took off and climbed to 1.1744 against the US Dollar (USD).
The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.
Coleman Ferguson, 36, owner of Gala 417, a private event venue, and Superheroes Ice Cream, wants to crowdfund a 20,000-seat multi-purpose arena that could eventually attract a professional sports t… ...
In recognition of her achievements, the German National Academy of Sciences Leopoldina and the Commerzbank Foundation honour Akata with the “ZukunftsWissen” Award.