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UniCredit, Commerzbank

Reuters on MSN · 45m

Germany must oppose UniCredit takeover of Commerzbank, employees say

By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit as workers fear massive job losses if a deal goes through.

news.bloomberglaw · 5h

Commerzbank Labor Union ‘Bitterly’ Opposes Any Unicredit Merger

Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a takeover.

Bloomberg L.P. · 3d

UniCredit May Repeat Germany Cost Cuts at Commerzbank, KBW Says

UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its potential plans for Commerzbank AG, analysts at KBW wrote in a note.

1d

UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says

UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...

2d

Exclusive-Commerzbank Poised to Put CFO Orlopp in Charge of Talks With UniCredit, Sources Say

FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...

4d

Commerzbank CEO Says He Will Study UniCredit’s Strategy Ideas

Commerzbank AG Chief Executive Officer Manfred Knof said he’ll study any proposals coming from UniCredit AG after the Italian ...

UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say

UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in ...

How UniCredit became a real contender for Commerzbank

If UniCredit is close to acquiring Commerzbank, it’s not just the result of a quick and crafty deal in the equities ...

UniCredit CEO Orcel Says Merger with Commerzbank Could Boost Shareholder Value

UniCredit CEO Andrea Orcel stated that a merger with Commerzbank could deliver substantial value for stakeholders, ...

Unicredit-Commerzbank: German government opens investigation. And for Bbva-Sabadell the market demands a relaunch

The European banking game is getting more and more complicated, with the German government intending to examine the ...

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