The German lender—in which Italian rival UniCredit has a 28% stake—said Friday that net profit rose to a record €2.68 billion in 2024 from 2.22 billion a year earlier on revenue that ...
a former basket case in which the state still owns 12%, is now so ambitious. She has long called for a national banking champion to challenge larger rivals Intesa and UniCredit.
Italian bank UniCredit — one of the last remaining Western banks still operating in Russia — has stopped outgoing euro transfers for individual clients, Russian outlet The Moscow Times wrote on Jan.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a ...
BERLIN, Jan 24 (Reuters) - Commerzbank (CBKG.DE), opens new tab reiterated on Friday that it will not meet with UniCredit (CRDI.MI), opens new tab for formal discussions until it receives a ...
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