UniCredit partners with Google Cloud to accelerate digitisation across 13 marketsUniCredit has signed a 10-year MoU with Google Cloud to expedite its digital transformation across 13 European markets. This significant in...
12 May, 2025, 11.21 AM 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
Standard Chartered CFO Halford to retire, replaced by former BofA bankerStandard Chartered has announced that Andy Halford will retire as chief financial officer, with Diego De Giorgi, former Bank of America inv...
31 Aug, 2023, 04.05 PM IST
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...
09 Feb, 2022, 11.39 AM IST
Former Commerzbank CEO launches fintech SPAC in AmsterdamThe European FinTech IPO Company 1 is planning to raise up to 415 million euros and seeking an investment target in financial services and ...
15 Mar, 2021, 03.56 PM IST
Bank of Baroda to buy out JV partner's entire stake in mutual fund businessState-owned Bank of Baroda will fully acquire its mutual fund and trustee business and buy the entire 51 per cent stake held by the joint-v...
29 Dec, 2017, 10.57 AM IST
Top stocks in focus on 29 December 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
29 Dec, 2017, 08.13 AM IST
After Italy & Greece, PE seeks to partner Indian lenders for bad loan portfolioKKR was in contention to acquire Jaypee's cement units, which was clinched by Aditya Birla-led UltraTech Cements for Rs 16,000 crore, mostl...
07 Jun, 2016, 01.55 PM IST
- Vedanta to raise up to $1.5 billion to part-fund Cairn deal
Vedanta Resources would also launch a global road show from May 23 for the bond placement, which may be offered in one or more tranches.
20 May, 2011, 07.26 PM IST
- $55 bn bid for Colgate: Should Unilever buy?
Unilever, the world's second-largest consumer-goods company, should seek to acquire Colgate-Palmolive Co...
09 Feb, 2011, 10.58 AM IST
- Deutsche Bank posts three-fold rise in quarterly profit
Germany's largest bank, Deutsche Bank, said Wednesday that its third quarter profits had more than tripled, adding to good news from peers ...
22 Oct, 2009, 03.59 AM IST
- Unicredit says to cut 9,000 jobs in western Europe
Unicredit, Italy's biggest bank by capitalisation, said on Thursday it planned to cut 9,000 jobs in western Europe and invest in central an...
26 Jun, 2008, 01.46 PM IST
- Severstal buys ArcelorMittal's mill for $810 mn
Severstal, Russia’s largest steel maker, will expand its US presence with the $810 million acquisition of the Sparrows Point mill in Maryla...
22 Mar, 2008, 02.23 AM IST
- 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...
21 May, 2007, 01.07 AM IST
- Terra Firma raises Boots bid to $21.8b
Guy Hands’s Terra Firma Capital Partners raised its bid for Alliance Boots, the UK’s largest drugstore chain, to about $21.8 billion to tru...
21 Apr, 2007, 12.06 AM IST
- Investment banker is now getting paid less for service
In the world of mergers and acquisitions, where strategic advice increasingly is just another commodity to go with corporate loans, Goldman...
15 Aug, 2006, 12.00 AM IST