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

Commerzbank's exposure to the SME market could result in increased credit losses in an economic downturn. Although the bank does cover expected credit losses adequately, we believe, IFRS 9 rules could ...

Currency markets experienced turbulence, with the Canadian dollar hitting its lowest level since 2003 and the Mexican peso sliding nearly 3 per cent. Trump imposed 25 per cent tariffs on imports from ...

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

The German lender Commerzbank will buy back shares worth as much as €400 million, according to its earnings statement ...

The Italian banking group Unicredit over 4% of the control of General, The largest insurance company in our country. The ...

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

Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share ...

FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing ...

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

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.