UniCredit, Commerzbank and Germany

Germany's Commerzbank wants formal proposal before UniCredit takeover
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,
Commerzbank says UniCredit's approach is hostile and unilateral
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.
UniCredit’s Orcel Surprised by German Backlash Over Commerzbank
UniCredit SpA Chief Executive Officer Andrea Orcel said he was surprised by the backlash in Germany over his efforts to acquire Commerzbank AG, saying his bank was invited to bid and communicated with all sides.
Commerzbank Calls UniCredit Move ‘Hostile’ in Escalation
Commerzbank AG stepped up its rhetoric against the approach from UniCredit SpA, further complicating the situation for the Italian lender.Most Read from BloombergHow Sanctuary Cities Are Preparing for
Commerzbank Says No Talks With UniCredit Until Specific Offer Made
BERLIN (Reuters) - Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled feathers in Berlin with its interest in a merger.
Commerzbank calls UniCredit approach ‘hostile,’ Reuters says
Commerzbank (CRZBY) called UniCredit’s (UNCRY) approach for a possible tie-up as “hostile,” adding that there had been no talks about it with
Germany's finance minister slams UniCredit's ‘very aggressive' bid for Commerzbank
The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...
UniCredit Chief Willing To Walk Away From Commerzbank Bid
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.
Commerzbank Chairman Sees Little Chance of Amicable UniCredit Merger, Report Says
BERLIN (Reuters) - Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger ...
Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
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UniCredit to Move Back-Office Activities for Securities Services In-House Across Italy and Germany
UniCredit has announced plans to bring its back-office activities for securities services across Italy and Germany in house, ...
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Italy’s UniCredit tightens restrictions in Russia, suspends euro transfers
Italian bank UniCredit — one of the last remaining Western banks still operating in Russia — has stopped outgoing euro ...
Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...
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UniCredit's behavior is not transparent says Berlin
UniCredit's behaviour in raising its stake in Germany's second biggest bank Commerzbank to 28% after its purchase of another ...