Germany' second biggest bank Commerzbank is mulling thousands of job cuts to help it repel a possible takeover bid by Italy's ...
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to ...
Orcel has made no secret of his ambitions for Commerzbank, including a full takeover of the German rival. Investors in Commerzbank have generally been supportive of a deal — with the exception of the ...
German stocks have been the stars of the young new year, ripping higher on Friday to a fresh record high. The gains come amid a weak backdrop for the country - cheap Russian gas that fueled its ...
In a report released today, Anke Reingen from RBC Capital maintained a Hold rating on Commerzbank (0RLW – Research Report), with a price target ...
ROME — Italy’s government fears merger deals by some of the country’s biggest financial groups will sap its ability to summon ...
Germany's economy contracted for the second consecutive year in 2024, highlighting the depth of the downturn gripping ...
Germany’s economy is tanking—again. For the second year in a row, Europe’s largest economy is officially in decline, ...
The rules allow Italy’s government to block or set conditions on foreign and domestic corporate takeovers in strategic ...
Economic output in Europe's largest economy fell 0.2% last year after it declined 0.3% in 2023, the first two-year contraction since 2003, according to Germany's federal statistics agency Destatis on ...
The weakness underlines the challenge that will face a new government in Berlin following elections in February, including ...
Germany's economy contracted for a second consecutive year in 2024, shrinking by 0.2%. Structural and cyclical challenges, ...