Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...
Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...
Italy's largest banking group, Intesa Sanpaolo , and the Asian Development Bank (ADB) said they will not finance a $10 ...
For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...
Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...
This same incrementalism runs through much of what Mr Merz says. Even if talks between Donald Trump and Vladimir Putin lead ...
Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...