Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have always signalled our willingness to talk and would examine a proposal from UniCredit in the interests of all stakeholders,

The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.

Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.

German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes.com.

Germany's economy has contracted for two consecutive quarters, sparking recession fears amid political uncertainty ahead of a snap election. Factors such as high energy costs, trade tensions, and uncertain economic prospects have contributed to its stagnation,

Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to present on Feb. 13, the Financial Times reported, citing people familiar with the matter.

"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank. The move by UniCredit, which is ...

German stocks are edging higher in cautious trade Friday morning with investors digesting the nation's retail sales and unemployment

Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most logical option available to would-be acquirers. Three bids and one possible approach are currently on the table in Europe,

Deutsche Bank has structurally turned the tide on its profitbility outlook after multiple failed restructuring attempts. In its latest and successful effort, the bank has shed its global equities sales and trading business,

German stocks are up in positive territory Thursday morning, lifting the market to fresh record highs ahead of the European Central

Deutsche Bank delivered bad news on spending, and investors weren't happy. Deutsche Bank on Thursday said it's now targeting a cost-to-income ratio of below 65% this year, versus a previous target of below 62.5%, after a cost-to-income ratio of 76% in 2024.