The German bank named its next CEO on Tuesday. The lender’s board decried a sudden buy-up of stock by Italy’s UniCredit, which may be looking for a cross-border path to take on Wall Street.
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
Commerzbank shares fell after the German government said it decided to keep its stake in the lender for the time being, ...
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. The bank was ...
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 ...
The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed ...
Germany's government decided to keep its stake in Commerzbank until further notice, after a sale of a portion of its shares to Italy's UniCredit sparked speculation about a potential takeover.
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