The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of UniCredit’s bid for Commerzbank.
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,
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
"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 ...
The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be indefinite but also not providing any privatization plan during his confirmation hearing.
LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper investment banking revenues.
J.P. Morgan analyst Delphine Lee maintained a Buy rating on UniCredit SpA (UNCFF – Research Report) today and set a price target of €49.00. The
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 reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
European stock markets move in positive territory after the expected announcement by the ECB, which cut rates by 0,25%. At Piazza Affari Stm collapses after a disappointing -63% in profits and gloomy forecasts for the first quarter.
As global markets react to recent political developments and economic data, with U.S. stocks reaching record highs amid optimism over trade policies and AI investments, investors are increasingly seeking stability in their portfolios.
We have collected the great projects that have changed the face of the city over the last two decades and opened the doors to the international star system.