Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports January 18, 2025 When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of ...

Some of that ambition was on display with UniCredit buying a stake in Commerzbank last year and ... benefit from higher volatility," he said. Germany's Deutsche Bank and Spain's BBVA report ...

Some of that ambition was on display with UniCredit buying a stake in Commerzbank last year and unsolicited takeover ... businesses which will benefit from higher volatility," he said. Germany's ...

Helmut Fricke/dpa Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit ... that included possible job cuts and the location of a ...

FRANKFURT, Jan 31 (Reuters ... stake in Commerzbank and began pressing for a tie-up. Commerzbank has been honing its defence as it seeks to remain independent and has called UniCredit's approach ...

Bengaluru- Germany ... of euros of cost savings, as the enlarged bank strips out duplicate functions, the FT reported. Commerzbank unions have warned that a takeover by UniCredit could threaten ...

Commerzbank ... advance from Italy’s UniCredit had unsettled employees, a senior trade union official said Monday. A plan to significantly reduce the headcount at Germany’s second-largest ...

"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 ...

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. Commerzbank is exploring cutting thousands of jobs as it seeks to fend off unwanted advances from Italy’s ...