Commerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...

Germany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...

A Russian court in Saint Petersburg rules to seize 239 million euros from Deutsche Bank and 463 million euros from UniCredit in Russia. Eur...

The latest flurry of bank earnings in Europe highlighted broader trends in global banking, where investment banks are under pressure due to...

UniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...

There is a growing realisation that these sanctions are likely to remain long-term, industry sources told Reuters, which means strategic no...

Amidst the Ukraine-Russia crisis, UniCredit's chief executive Andrea Orcel has stated that the association is thinking of pulling out its s...

A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...

The pan-European STOXX 600 fell 0.8 per cent, on course for its fourth straight weekly decline, with autos and chemical stocks leading loss...

The fate of the world's oldest bank, Italy's Banca Monte dei Paschi di Siena (BMPS), was hanging in the balance on Monday after the collaps...