Italian tycoon Francesco Gaetano Caltagirone has increased its stake in Banca Monte dei Paschi (MPS) to 8%, Italian daily La ...
A wave of deals promises to redraw Italy’s banking landscape, pitching financial titans against politicians and offering ...
The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival ...
Pezzano's property hunt highlights a wider shift that has put Rome in the sights of professional real estate investors, after ...
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...
Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
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 ...
Telecom Italia SpA has hired UniCredit SpA to help evaluate its options as suitors circle the former Italian phone monopoly, people with knowledge of the matter said. Advisers at Italy’s second ...
The lender plans to lay off around 9% of its workforce to boost returns and convince investors of its standalone prospects.
Commerzbank is to cut 3900 jobs over the next two years as it strives to slash costs and drive profits in the face of a hostile takeover bid by italy's Unicredit.
The UniCredit-Commerzbank saga began in September when Italy's second-biggest bank revealed it had built up a stake in its rival, triggering talk that CEO Andrea Orcel wanted to push for an ...
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
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