Tag: Commerzbank}
Germany: Commerzbank to cut jobs after Deutsche merger fails
According to a report from Reuters, Commerzbank announced it wanted to shed thousands of staff and close a fifth of its branches in a...
Italy: UniCredit puts possible Commerzbank deal on hold
Italy’s UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the...
Germany: Commerzbank sees no immediate alternative deal
Germany’s Commerzbank on Wednesday, May 8, played down the prospects of an immediate takeover approach by a foreign bank following failed merger talks with...
Germany: Failure of Deutsche Bank-Commerzbank merger talks no surprise says regulator
The failure of merger talks between Deutsche Bank and Commerzbank was “not a surprise”, a German official said on Tuesday.
The statement by Raimund Roeseler,...
EU: ING approached Commerzbank about possible merger
ING Group has approached Commerzbank about a possible tie-up, a German magazine reported on Tuesday, April 16. Manager Magazin, citing unnamed sources, reported that...
Germany: Deutsche Bank reportedly to raise up to $11 billion...
In a bid to end discussions about whether Deutsche Bank has sufficient capital to pull off the potential merger the bank is looking to bring in...
Qatar: Deutsche Bank faces resistance to Commerzbank deal
A proposed merger between Deutsche Bank and Commerzbank seems to be more and more likely to occur. Yet the deal has faced stiff opposition from...
EU: ECB bank supervisor criticizes Deutsche Bank and Commerzbank merger
The eurozone’s top financial supervisor has criticized moves to create European champions to compete with global rivals, reported the Financial Times.
The remarks by Andrea...
Germany: Deutsche Bank starts merger talks with Commerzbank
Germany's two biggest banks are discussing a merger that could result in a national powerhouse capable of competing with Wall Street.
Deutsche Bank, Germany's largest...
Germany: Labor union opposed to Deutsche-Commerzbank merger
Germany’s Verdi labor union on Tuesday, March 12, objected strongly to a possible merger between Deutsche Bank and Commerzbank, arguing that the merged group...
