raises profit outlook Italian bank's move for Commerzbank faces opposition in Germany UniCredit says performance shows what a ...

UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that ...

Germany's Commerzbank posted a decline in third quarter profits to €642 million ($689 million), down more than 6% on the year ...

The Italian lender may not have said much in the month after upping its stake in the German bank, but other European — and ...

Italian bank UniCredit and Germany’s Commerzbank delivered contrasting third-quarter earnings on Wednesday as UniCredit ...

"Our figures and our strong customer business emphasise that our strategy is paying off," said Commerzbank's new CEO Bettina ...

COMMERZBANK chief executive officer Bettina Orlopp is seeking to unlock more capital to pay out or invest, as she makes the ...

After the presentation of the accounts scheduled for November 6, the first tranche of the 600 million buyback will start. By rewarding shareholders, CEO Orlopp wants to show that Commerzbank can do it ...

UniCredit has further hedged potential downside risks on its stake in rival Commerzbank by signing financial derivative ...

The IMF said Thursday that it welcomes mergers between European banks to better finance innovative companies, although it declined to comment on talks of a tie-up between Commerzbank and Italy's ...

Progress on European banking union is vital to policymakers' push to encourage cross-border mergers because banks will only ...

Italy's UniCredit beat third-quarter forecasts on Wednesday and hiked its profit outlook as its CEO talked up his possible ...