BERLIN (Reuters) - Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger ...
UniCredit said on Friday it would bring in-house back-office activities for securities custody services, with an initial ...
Commerzbank’s supervisory board chairman Jens Weidmann has cast doubt on the chance of a friendly merger with Italy’s UniCredit following the latter’s surprise acquisition of a significant stake in ...
Germany steps up criticism of UniCredit UniCredit ups Commerzbank stake via derivatives to 28% Seeking authorisation for stake of up to 29.9% UniCredit also trying to buy Italian rival BPM ...
Germany has reportedly opposed UniCredit's latest attempt to increase its stake in Commerzbank, describing the move as "uncoordinated and unfriendly". This response comes as the Italian banking ...
UniCredit has since built its exposure to Germany's second-largest bank through derivatives as it awaits regulatory approval to take control of the shares. A large portion of UniCredit's shares ...
UniCredit has today announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardising its set-up and suppliers in a move that is set to ...
UniCredit currently holds approximately 28% of Commerzbank's shares. The Italian bank directly owns about 9.5% and has secured access to an additional 18.5% via financial instruments.
UniCredit said on Friday it would bring in-house security custody services, with an initial focus on Germany, where the move ...
MILAN, Jan 10 (Reuters) - UniCredit (CRDI.MI), opens new tab said on Friday it would bring in-house back-office activities for securities custody services, with an initial focus on Germany ...