Tag
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Thursday (Nov 6) that net profit fell 7.9 per cent in the third quarter, defying expectations for an…
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, reported an unexpected 7.9 per cent drop in third-quarter net profit on Thursday (Nov 6) as higher tax rates…
Commerzbank’s first-quarter profit unexpectedly rose to the highest in 14 years as commissions increased, and the German lender set aside less money than expected for souring loans. Net…
COMMERZBANK is assigning more employees to work in its branches as it seeks to boost the business its does with clients and meet ambitious new targets. As part of a new set-up that will…
COMMERZBANK chief executive officer Bettina Orlopp is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover…
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer would result…
Commerzbank will hold a first round of talks with UniCredit on Friday (Sep 27) as the Italian lender presses for a possible tie-up, the German bank’s designated CEO, Bettina Orlopp, said…
