The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but it ...

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

Bankers in Italy are meeting at the annual Assiom Forex conference in Turin to discuss the future of their industry, which has been hit by a wave of consolidation, as lenders are seeking to deploy ...

Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...

Italy's largest banking group, Intesa Sanpaolo , and the Asian Development Bank (ADB) said they will not finance a $10 ...

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 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.

Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...

FRANKFURT (Reuters) - Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as ...