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UNICREDIT COMMERZBANK STAKE
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...
14 Mar, 2025, 01.41 PM IST
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...
13 Feb, 2025, 12.54 PM IST
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...
12 Feb, 2025, 11.58 AM IST
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...
18 Dec, 2024, 02.53 PM IST
European shares flat ahead of data-packed weekEuropean shares began the week on a cautious note as investors awaited key economic data. The STOXX 600 index remained steady. Notable stoc...
23 Sep, 2024, 12.59 PM IST
European shares gain on boost from oil, resources sectorsEuropean shares opened higher on Wednesday, driven by gains in the oil and gas, and basic resources sectors. Investors are keenly awaiting ...
11 Sep, 2024, 01.34 PM IST
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...
12 Apr, 2022, 08.49 PM IST
- European banks sucked into US financial crisis
European banks were sucked Monday into turmoil spawned by the US financial crisis, with bailouts, sales and attacks on the shares of financ...
29 Sep, 2008, 07.09 PM IST