Bank of Italy chief says M&A supervision "not a talk show"
The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but it ...
Outcome of Italy's Bank M&A Wave to Be Decided by Investors, Cenbank Says
Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
Global Finance1d
European Banks Pursue Mergers To Gain Competitive Edge
Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...
Italy's Intesa Sanpaolo adds to list of banks shunning Papua LNG project
Italy's largest banking group, Intesa Sanpaolo , and the Asian Development Bank (ADB) said they will not finance a $10 ...
Commerzbank to Cut Jobs in Bid to Boost Returns and Fend off UniCredit — 2nd Update
For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...
UniCredit 'feels a little bit like an activist investor,' Commerzbank CEO says
Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...
Key elements of Commerzbank's strategy update as it fends off UniCredit
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...
Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...
Factbox-Key Elements of Commerzbank's Strategy Update as It Fends off UniCredit
FRANKFURT (Reuters) - Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as ...
The Victoria Advocate2d
Germany's Commerzbank to cut jobs to fight off UniCredit
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
devdiscourse2d
Commerzbank's Strategic Overhaul: Job Cuts and Financial Ambitions
Commerzbank plans to cut 3,900 jobs in Germany while maintaining overall employee numbers through international hiring. The strategy revamp aims to fortify against UniCredit's tie-up attempts. The ...