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

Commerzbank has been advocating its case to stand alone since last year's surprise build of a stake by UniCredit fueled ...

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender ...

UniCredit's strong earnings, resilient asset quality, and low P/E ratio make it a compelling investment. Explore more on ...

UniCredit's fiscal Year 2025 guidance shows resilient net interest income and a low cost of risk. Read why we prefer to ...

UniCredit should be in a position to decide on a possible takeover of Germany’s Commerzbank in a few quarters, its chief ...

Italy's UniCredit on Tuesday reported a rise in revenues last year from its Russia business but said it had reduced loans and ...

Unicredit It closes 2024 with a net profit of 9.3 billionincreased by 8.1% compared to the previous year, beating the ...

The Italian bank on Tuesday said it expects this year's net profit to be broadly in line with 2024's result of 9.31 billion euros ($9.60 billion). UniCredit's net profit metric is adjusted for ...

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid ...