The European banking sector is facing a wave of consolidation, as institutions seek to strengthen their market position, ...

Banco BPM on Tuesday rebuffed concerns raised by suitor UniCredit about its capital reserves, and said it trusted it would be ...

Commerzbank has decided to rent another Frankfurt skyscraper despite slashing thousands of jobs as the German bank battles to ...

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...

Enel, the Italian power and gas company, printed €2bn of sustainability-linked bonds in three maturities on Monday. It ...

Der Widerstand der Bundesregierung gegen eine Übernahme der Commerzbank durch die italienische UniCredit lässt laut Analysten ...

Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.

For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...

Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...

The lender plans to lay off around 9% of its workforce to boost returns and convince investors of its standalone prospects.

Commerzbank is to cut 3900 jobs over the next two years as it strives to slash costs and drive profits in the face of a hostile takeover bid by italy's Unicredit.

The firm said it expects to double its roughly $317 billion in total credit assets within five years. The lender expects an increase in profitability this year after group revenue rose 24%, boosted by ...