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

Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have always signalled our willingness to talk and would examine a proposal from UniCredit in the interests of all stakeholders,

"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank. The move by UniCredit, which is ...

Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.

Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply on the quarter in the last three months of 2024. Net profit attributable to shareholders hit 106 million euros ($110.

The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be indefinite but also not providing any privatization plan during his confirmation hearing.

LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper investment banking revenues.

J.P. Morgan analyst Delphine Lee maintained a Buy rating on UniCredit SpA (UNCFF – Research Report) today and set a price target of €49.00. The

Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO Andrea Orcel saying there had.

There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, Switzerland.

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.

UniCredit's behaviour in raising its stake in Germany's second biggest bank Commerzbank to 28% after its purchase of another big German bank, HypoVereinsbank, is not transparent, German Finance Minister Jörg Kukies said Monday saying that the German government did not think hostile takeovers were appropriate for systemic banks.