In an interview with Handelsblatt, Commerzbank CEO Bettina Orlopp talks about the risks of the operation for the German bank and for Germany. French central bank governor Villeroy: “Governments should stay out of mergers”
Speaking at the Made in Italy Summit, Unicredit's CEO said that "without pan-European champions", the EU "will not achieve its ambitions". Buch (ECB Supervisory): "It is not the central bank's job to hinder mergers"
The announcement of CEO Tavares' hearing, scheduled for October 11, comes on the day Parliament is due to discuss urgent bipartisan motions on Stellantis. Meanwhile, the Italian government opposes Unicredit's move to Germany, with Orcel reassuring: "The…
The bank led by Andrea Orcel today in Frankfurt as a major shareholder with 21%. Scholz's spokesman: "Hostility from Unicredit, not from the Italian State". And Mattarella on EU mergers between banks: "It is essential to create European champions"
In the first meeting between the top management of the two banks, "Commerzbank will maintain an open approach and will not do stupid things to protect itself from Unicredit," promised CEO-in-waiting Orlopp. The German bank presents its 2027 strategy with more…
CEO Andrea Orcel, in his first speech after the Commerzbank operation, says he wants to reopen a dialogue with "all stakeholders" and that "all scenarios are open". A spokesperson for Scholz: "It is not up to us to stop Unicredit". The bank…
The EU Commission declined to comment on the Unicredit-CommerzBank deal, but a spokesperson said: "With mergers, banks are more resilient to shocks." German Finance Minister: "Government cannot remain in private bank for long"
New blitz by Unicredit on Commerzbank. The Milanese bank announces that it has subscribed to a 11,5% stake and has filed an application to increase its stake to 29,9%. Harsh attack by Scholz: "Hostile takeovers are not a good thing for banks"
The European banking game is becoming increasingly complicated, with the German government intending to examine the individual steps that led to the sale of state-owned shares to Unicredit and the unions taking a stand against the operation.…
Banking risk, German companies say yes to the integration between Unicredit and CommerzBank. Here's who could be the candidate to lead the talks with the institute led by Orcel
The president of the insurance group, Carlo Cimbri, spoke of interest only in a commercial agreement with Siena. In the meantime, Unicredit is knocking directly on the ECB to increase its share in Commerzbank to 30%, in order to curb the attack launched by Deutsche Bank
According to Bloomberg, Deutsche Bank CEO Christian Sewing is evaluating several options to make it difficult for UniCredit to buy CommerzBank and avoid the creation of a huge competitor on the domestic market
The Unicredit-Commerzbank operation reopens the game on the big European risk table, with the blessing of the supervisory authorities. The open dossiers and those closed forever. The Mps and Banco Bpm knot
Commerzbank, Unicredit and the banking game of risk: Chief Manfred Knof pulled the German institution back from the brink of collapse in 2009. And now he's leaving. The bank has improved significantly, but headwinds are coming: the weakness of the German economy,…
Unicredit buys 4,49% of Commerz for 702 million euros and becomes the second largest shareholder with a good chance of taking it over entirely. Both shares rise on the stock exchange
The first televised debate between the two US presidential candidates, although heated, does not seem to have provided investors with any clear ideas. If anything, betting markets moved in favor of Harris after the event, also because of the…
Commerzbank ran into financial trouble and received public aid totaling 2008 billion euros in 2009 and 18,2. Now the bank is profitable again and the government is leaving. Same fate as Monte…
After the collapse of Wall Street and the fall of the Asian stock markets, the European stock markets can only open in decline, as suggested by the future of the EuroStoxx 50 index. Commerzbank, Eni, Snam and Saipem to monitor
Commerzbank shares fell as profits missed forecasts, despite announcing a €600 million buyback and confirming 2024 targets
The analysis by Morningstar Dbrs, a US rating agency, which does not say it is particularly concerned about financial risks, but still sees some banks as highly vulnerable to legal, regulatory and even reputational risks linked to exposure to a sanctioned country
The ruling from the St. Petersburg court does not seem to worry investors and analysts who are however attentive to the moves of banking groups in the area. Similar Russian moves also for the German Deutsche Bank, Commerzbank, Bayerische Landesbank and Landesbank Baden-Wurttemberg
Weak European lists without the compass of Wall Street closed for holidays but banking earthquake in sight if Commerz really were to move to Deutsche - Germany in recession - Iveco flies to Piazza Affari
The German giant announces that the 2020 financial year will close with a loss - And in the second quarter the losses related to the Wirecard scandal exceed those caused by the pandemic
The Prosecutor did not provide details on the people and places involved - The "Cum Ex" case concerns a tax fraud scheme discovered in 2017 thanks to a collaboration between several European media
Speaking at the meeting, the CEO of the German Bank postpones the strategic update to September-October - Ing, Bnp and Unicredit remain in pole position for the wedding
The OECD confirms the stagnation of the Italian economy - Waiting for the intervention of the President of the ECB - Stock markets rebound after the truce on Huawei - Sparks at the Commerz assembly
Commerz or not Commerz, to raise cash and fuel new strategic dreams, Jean Pierre Mustier's Unicredit has no intention of selling its 8,4% stake in Mediobanca. In reality, the recent sale of another 17% of Finecobank,…
The Dutch group comes forward and offers some guarantees that could entice Commerzbank's public shareholder - Meanwhile, at Palazzo Chigi they fear that the merger with Unicredit will ultimately go through
All stock lists recover after Black Monday - Piazza Affari gains 1,45% but Unicredit pays rumors of a bid for Commerzbank.
Deutsche closes first quarter with sharply rising earnings, but revenue outlook disappoints again
The two banking giants have announced the end of the negotiations. Integration is too difficult, restructuring costs and new capital injections are high. DB to $200 million in quarterly profit
Piazza Affari weak like most of the stock lists: oil prices slip and Unicredit closes in negative territory - Juventus, Stm, Ferragamo and Ubi go against the trend.
Where does the hypothesis of a merger between Commerzbank and Unicredit come from? How are the negotiations going between Commerz and Deutsche Bank? What do analysts think? Here's everything you need to know
According to the Financial Times, the Italian Bank is preparing an offer for Commerz as an alternative to the merger between the Bavarian bank and Deutsche Bank: Unicredit would enter the capital of Commerz and then start the merger with HypoVereinskbank - Peace is near on…
The two banks have confirmed the negotiations in view of a possible merger, even if they warn: "Nothing is certain yet - The wedding is supported by the German government which would like to create a European champion, but the doubts of…
The securities of the two German banks rose in Frankfurt after the rumors circulated about the start of informal talks between the top management of the two German banks. A group of 40 million customers could be born
According to the German press, the negotiations are underway and the Government is ready to launch a maneuver to mitigate the fiscal impact of the merger - The shares of the two banks travel in the red on the Frankfurt Stock Exchange
Commerzbank closes the half-year accounts with operating results up 4% compared to those of the same period last year and a net profit of 533 million euros at the end of June 2018. The net profit in the March-June period was…
In an interview with Handelsblatt, the CEO of the Italian group denies the hypothesis of a merger soon: "Our Transform 2019 plan is entirely based on organic assumptions" - "Me in Deutsche Bank? Will I stay in Unicredit for a long time to come" ".
The French bank, very present in Italy with Cariparma and other savings banks, could be interested in the second largest German bank, which however is in a severe crisis despite the increase in customers - CEO Brassac said in…
"There are no negotiations and we have not given a mandate to an investment bank" says the German Finance Ministry, denying the indiscretion published this morning on a preference for a merger of Commerzbank with the French bank.
The German government prefers a merger between the Commerzbank investee and the French BNP Paribas, according to the German weekly WirtschaftsWoche, which cited financial sources. The discussions at the Ministry of Finance are at an early stage and, according to the newspaper, the…
Positive price lists in Europe. After the US central bank meeting, the dollar regains its share and brings the euro back below 1,20 - Credit is the driving force and in Piazza Affari Unicredit shines while the hypothesis deflates Commerzbank - Loses…
Piazza Affari does not like the alleged willingness of Unicredit to merge with Commerzbank - The Spanish tensions also give shivers to the BTP - The Fed announces that the next rate hike will take place within the year - Abertis moves away…
The German bank has reached an agreement with the unions on redundancies: almost 10 cuts out of a total workforce of 45 employees.
In 2016 the profits of the second largest German bank collapsed to 279 million euros from 1,08 billion in 2015, but it still did not disappoint expectations
However, the abyss is less than expected
The twin disasters Deutsche Bank and Commerz shake banks and stock exchanges - Today Draghi faces the German hawks in the Bundestag - In the USA, a record confiscation of Wells Fargo - The predictable failure of the OPEC summit hits prices…
The second largest German bank will cut about a fifth of its entire workforce by 2020 - Black day for Deutsche Bank which reaches an all-time low on the Stock Exchange.
According to Bloomberg, September will not belie its reputation as the most difficult month of the year: the US presidential confrontation heats up, while the OPEC meeting and the G20 are approaching - Oil in decline - American employment is growing - The Deutsche wedding- Commerz…
After yesterday's attack on banks, the spotlight is on Unicredit, which presents its accounts and will say how it intends to move to strengthen its assets, but also on Mps, in view of Padoan's speech in the Chamber - Deutsche Bank out of the Stoxx50…
The half-year result of one of the most important German banks depresses the stock. The bank reduces its estimates for 2016
Martin Zielke, 53, succeeds Martin Blessing - In the past of the new CEO of the second largest German bank there are also positions in rivals Deutsche Bank and Dresdner Bank.
The British giant closed the third quarter with a 4% decline in revenues and a drop in operating profit, which fell to 16,36 billion - Profits and revenues down for Commerzbank.
Profits boom for Société Générale - Profits down sharply for Credit Suisse compared to 2013 - Good fourth quarter for Commerzbank with a net profit of 77 million
The Wall Street Journal reports it, recalling that the German bank is already grappling with an investigation into the hypothesis of not having respected the embargo on Iran and Sudan.
The Fiat group has announced the opening of the books for benchmark bonds (senior unsecured) - The title will be listed on the Dublin stock exchange and the guaranteed annual dry coupon is 4,75% for a duration of eight years.
The German bank could shell out between 600 and 800 million dollars to settle accounts with the US authorities. The New York Department of Financial Services is investigating the transactions between the institute and the Iranian naval company Shipping…
After the loss of 47 million euros at the end of 2012, the German bank ended 2013 returning to profit, at 78 million - However, operating profit and the intermediation margin were down - Commerzbank stock shines…
Commissions also exceeded expectations, reaching 808 million, against forecasts of 796 million - As for the balance sheet, it improved thanks also to the capital increase last May: according to Basel 3 parameters, at the end…
Today the group's top management reached an agreement with the internal union representatives - Commerzbank intends to invest 2 billion euros to increase the profitability of its activities while maintaining a low labor cost base
The net loss of the German bank is in any case lower than the estimates of analysts, who predicted a loss of 125 million euros - Restructuring costs of 493 million weigh on Commerzbank's accounts - Soon a capital increase from…
Moody's has decided to downgrade Commerzbank's long-term debt rating from A3 to Baa1 - The low profitability of the stock and weak results weigh on the German bank.
The German institute has announced its intention to proceed with a capital increase of 2,5 billion euros - The capital injection will serve to dilute the share of Commerzbank in the hands of the State.
The net profit of the German institute went from 638 million euros in 2011 to 6 million in 2012 - The losses from 720 million in the fourth quarter weigh on the accounts - The operating result is growing, more than doubling.
The exact figure for the redundancies will be decided in negotiations with the employees, which will start in February. At the end of 2011, the group had 58 employees, of which 44.500 in Germany.
The German banking institution closes the third quarter with a net profit of 78 million, against the 131 expected - Negative estimates for the fourth quarter - Bad performance on the Stock Exchange.
Many lenders involved in the Libor scandal are starting negotiations to seek an agreement with the authorities: their collaboration can lead to less expensive fines. UBS and Deutsche Bank follow Barclays' example. Meanwhile, the British Government…
The net profit of the German banking group Commerzbank in the second quarter rose to 275 million euros against 24 million in the same period last year, when it was influenced by the writedowns of Greek bonds - The outlook is cautious, however,…
