Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two ...

The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.

With profits up 20% and a payout of 71%, the German institution is preparing to defend its independence and consolidate ...

Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...

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

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...

Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome. "Given ...

Commerzbank AG stepped up its rhetoric against the approach from UniCredit SpA, further complicating the situation for the ...

UniCredit remains focused on its takeover bid for Banco BPM and its stake in Commerzbank, a spokesperson for the Italian bank ...

Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme. The bank, whose site lists plans to publish its fourth ...

Commerzbank bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78 billion) in 2024. This compares with a $2.47 billion net profit forecast for the period, according to a ...