Commerzbank's exposure to the SME market could result in increased credit losses in an economic downturn. Although the bank does cover expected credit losses adequately, we believe, IFRS 9 rules could ...
The CEO said in that interview that UniCredit had held more than 10 meetings with “institutions in Germany” as well as with “Commerzbank top management” over the past two to three years.
Commerzbank AG stepped up its rhetoric against the approach from UniCredit SpA, further complicating the situation for the Italian lender. UniCredit’s strategy of buying and expanding a stake in ...
"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 ...
FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit's approach ... Orcel told the German paper FAZ he hoped for some clarity by the end of the year on UniCredit's strategy in Germany, once ...
BERLIN (Reuters) - UniCredit chief Andrea Orcel wants to discuss a planned takeover of Commerzbank with the new German government and hopes for some clarity at the latest by the end of the year, he ...
(Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel said he was surprised by the backlash in Germany over his efforts to acquire Commerzbank AG, saying his bank was invited to bid ...