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ITALIAN BANK UNICREDIT
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...
European shares rise as tech jitters ease; earnings, deals in focusEuropean shares edged higher on Monday, tracking a rebound in global equities following a selloff last week, as investors also assessed ear...
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...
European shares flat ahead of Fed decision, Renault jumpsEuropean stocks were little changed on Wednesday as caution prevailed ahead of the Federal Reserve's policy decision and outlook, outweighi...
European shares edge higher on boost from upbeat earnings, minersUniCredit climbed 1.8% as the Italian bank posted a bigger-than-expected annual rise of 36% in its third-quarter profit, helped by higher i...
UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clientsA growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...
Europe's banks fear payment system could be casualty of Russia-Ukraine crisisWhat the region's banks now fear most is that Russia gets banned from a widely used payment system, bankers told Reuters, with one describi...
Fate of world's oldest bank, Italy's BMPS, unclear as talks failThe 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...
EU fines UBS, Nomura, UniCredit $452 million over bond cartelThe European Commission said the European government bond cartel ran from 2007 to 2011, with traders from the banks informing each other on...
- Italian banks including UniCredit SpA and Intesa Sanpaolo SpA plunge as debt contagion risks
Italian banks, including UniCredit SpA and Intesa Sanpaolo SpA, tumbled in Milan trading as speculation that the country may become the nex...
- Rome to inject euros 10-15 bn into banks: Report
The Italian government plans to spend between 10 billion and 15 billion euros (12.8 to 19.2 billion dollars) to shore up the liquidity of t...
- Banks work on UniCredit capital hike: Source
Merrill Lynch and Italy's Mediobanca and are working on a 2.0-2.5 billion euro capital increase for UniCredit Italy's second-biggest bank b...
- Unicredit Q2 net up 6.8 pc
Italian bank UniCredit made a record quarter as Q2 net profit rose 6.8% to e1.827 billion, beating analysts’ forecasts, thanks to lower cos...
- UniCredit to buy Capitalia for $30 bn
UniCredit agreed to buy Capitalia in a e21.8 billion ($29.5 bn) purchase to cement the position of Italy’s biggest bank in Europe’s most pr...