For years, pressure on European banks and asset managers to bulk up to better compete with US rivals has been mounting. This ...
Germany's 10-year bond yield, the benchmark for the eurozone bloc, was up one basis point (bp) at 2.466 per cent, hovering ...
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 ...
Euro zone bond yields reached multi-month highs due to strong U.S. jobs data, rising oil prices, and increased government ...
The chairman of the supervisory board of Commerzbank and former head of the Bundesbank speaks for the first time: ...
Treasury yields rose to their highest level since November 2023, and Generali Investments said about one third of the the nearly 40bps rise since the election was due to the upward revision of the Fed ...
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.
Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit ...
Germany is about to report a second straight year of economic contraction, reminding politicians before February’s snap ...
Economists polled by The Wall Street Journal said outbound shipments likely rose 7.4% on year in December, accelerating from November, in part to due to front-loading of exports ahead of U.S. tariffs.