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Oil prices fall on mounting hopes for de-escalation in US-Iran WarOil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent ...- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Oil prices climb more than 3% on fears of new US-Iran combatOil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a de...
- Euro zone bond yields jump as Middle East peace deal hopes fadeEuro zone bond yields surged as hopes for a U.S.-Iran peace deal diminished, with markets now anticipating three European Central Bank inte...
- UniCredit launches bid for Commerzbank shares, seeking to revive takeover talksItalian bank UniCredit is making a move on German lender Commerzbank. UniCredit is launching an unsolicited offer to boost its stake to ove...
- UniCredit gets ECB nod for Commerzbank stakeItalian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, signaling a poten...
- Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCreditCommerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...
- Commerzbank plans job cuts, new targets to keep UniCredit away, sources sayGermany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...
- Commerzbank wins crypto custody licence in digital assets pushThe license will allow the bank to “build up a broad range of digital asset services, with particular emphasis on crypto assets,” the Frank...
- Capital Group dumps 1.75 billion Euro worth of shares in two German lenders Commerzbank and Deutsche bankOn Tuesday, an investor in Commerzbank and Deutsche bank sold a stake of over five percent, which equates to about 1.75 billion euros. Ther...
- Commerzbank to cut 10,000 jobs, close 340 branches"As part of a wide-ranging digitalisation, the bank will substantially reduce its branch network from the current level of 790 to 450," it ...
- KKR-backed venture acquires Commerzbank ships for $254.5 millionKKR & Co LP's Embarcadero Maritime unit will pay $254.5 million to buy 18 dry bulk and container ships from Hanseatic Ship Asset Management...
- Commerzbank set to axe over 5,000 jobs: reportThe Handelsblatt business daily, citing sources close to the negotiations, said the jobs would be slashed over the coming years.
- EU clears Allianz to buy Commerzbank unitEU regulators cleared German insurer Allianz SE to buy Commerzbank's asset management unit.
- Commerzbank first private German bank to ask for cash injectionCommerzbank, the second-biggest German bank, said it would tap govt rescue fund for $10.5 bn in cash. Losses of 5 big earners in US | How t...
- Commerzbank set to relinquish Dresdner Bank licence in IndiaGermany’s Commerzbank, which pulled out from India several years ago, appears set to relinquish yet another banking licence in India.
- Commerzbank's buyout of Dresdner to cost 9,000 jobsCommerzbank and Dresdner have a combined workforce of nearly 67,000 employees and out of the expected job cuts, about 2,500 would be outsid...
- Allianz in 'advanced' talks on Dresdner BankThe supervisory boards of insurer Allianz SE and Commerzbank AG were meeting separately on Sunday amid mounting speculation about the fate ...
- Commerzbank 2Q net profit up 6.4 pcCommerzbank AG said its second-quarter net profit rose by 6.4 per cent thanks to a tax gain, but made clear it is still feeling the impact ...
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