Mergers between European banks are "desirable" if they help them compete with their U.S. and Chinese rivals, European Central ...
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their ...
The following charts show how the two banks differ across an array of measures and what any combined bank could look like: 1.
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government ...
Commerzbank outperformed the iShares MSCI Europe Financials ETF in 2024. Learn more about CRZBY stock and its growth ...
A fortnight ago, Mario Draghi outlined an ambitious, and ultra-expensive, vision for an integrated Europe that included the ...
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
Scaling up was in Europe's best interest and it should be private sector players deciding whether to go ahead with deals, ...
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the euro zone, ...
Andrea Orcel, CEO of Italian bank UniCredit, is making waves with his strategic acquisition of a stake in Germany's Commerzbank. Despite resistance from politicians and backlash from the German ...
Orcel's plan has been slammed by German Chancellor Olaf Scholz as an "unfriendly attack" along with the bank's board members and employees who fear losing their jobs. Clinching a cross-border European ...