UniCredit leads European banking with 25.8% ROTE and a strategic Commerzbank bid, signaling massive sector upside. Read more ...

By Valentina Za and Anastasia Lyrchikova MILAN, May 7 (Reuters) - Italy's UniCredit said on Thursday it had struck a ...

By Tom Sims and Alexander Hübner FRANKFURT, May 8 (Reuters) - Commerzbank plans to cut 3,000 jobs to help it reach more ...

Commerzbank said it would defend the interests of its shareholders as it fends off an acquisition move from UniCredit ...

The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

The German lender raised its expectations for 2028 and set new goals in a plan for 2030 that targets higher revenue and ...

The new plan follows UniCredit’s decision earlier this week to formally begin its bid, valuing Commerzbank at €37bn ($43.43bn).

Germany's Commerzbank plans to cut around 3,000 more full-time jobs across the group by 2030, the DAX-listed lender said on ...

The bid pre-empts a provision in German law that obliges a shareholder owning more than 30% of a listed company to make an ...

Commerzbank announced a sweeping round of layoffs on Friday. The sudden announcement laid out that 3,000 jobs will be lost, ...

Commerzbank on Friday pledged to reduce costs by cutting staff and upgraded its financial targets, as it seeks to fend off ...

UniCredit SpA has submitted its Commerzbank AG takeover proposal to the target’s shareholders, initiating a six-week period ...