Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to ...
Commerzbank's supervisory board is considering appointing CFO Bettina Orlopp to lead merger talks with UniCredit. The Italian bank recently acquired a 9% stake in Commerzbank, prompting the ...