The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
US and European shares nudged higher Monday as momentum from last week was restrained by weaker eurozone economic data.
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Commerzbank is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. UniCredit said it bought financial contracts that could more than ...
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
Italian banking giant UniCredit has increased its stake in German rival Commerzbank from 9% to 21%, signaling a potential ...
Hi, it’s Ryan Gould in New York, rounding up a busy few days of Intel news. Also today, UniCredit builds its Commerzbank ...
European shares closed higher on Monday as a soft business activity reading strengthened the case for more monetary policy ...
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...