The Business Times

Commerzbank

Companies & Markets

Commerzbank profit unexpectedly rises in boost to CEO Orlopp

Bettina Orlopp, CEO of Commerzbank, says the lender's strategy update will reveal its "significant value potential".
Banking & Finance

Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit

The moves are aimed at boosting business with clients and avoiding shutdowns at Commerzbank’s 400 retail branches, some of which only have a handful of staff.
Banking & Finance

Commerzbank to assign more employees to branches in revamp

Berlin was taken aback by UniCredit’s swoop to build a large stake in state-backed German bank Commerzbank, a move the Italian bank says could lead to a merger.
Banking & Finance

Germany denies report it is mulling law to protect banks from foreign takeovers

The details are the fullest account yet of contact between Germany and UniCredit before the Italian bank swooped to buy a large stake in Commerzbank.
Banking & Finance

UniCredit talked to top German officials before Commerzbank stake buy

UniCredit has amassed a 9 per cent stake in Commerzbank and said it planned to buy more shares if it received regulatory clearance.
Banking & Finance

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

FILE PHOTO: The new German central bank (Bundesbank) vice-president Claudia Buch poses during a photocall at the Bundesbank headquarters in Frankfurt, May 20, 2014. REUTERS/Ralph Orlowski (GERMANY - Tags: BUSINESS PROFILE)/File Photo
Banking & Finance

ECB’s chief supervisor presses for cross-border mergers

FILE PHOTO: Unicredit credit cards are seen in front of a displayed Commerzbank logo in this illustration taken September 20, 2017. REUTERS/Dado Ruvic/Illustration/File Photo
Banking & Finance

Commerzbank to begin talks with UniCredit as it woos investors with profit goals

Andrea Orcel has said that the government was aware UniCredit owned 4.5 per cent in Commerzbank before he bought more shares in the government placement.
Banking & Finance

Barclays, Bank of America helped Andrea Orcel buy Commerzbank stake

Earlier this month, UniCredit took a 9 per cent stake in Commerzbank, catching German authorities off guard. The Italian takeover interest has prompted a backlash.
Banking & Finance

Commerzbank warns UniCredit merger is threat to German businesses: FT

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