The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be ...

LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...

J.P. Morgan analyst Delphine Lee maintained a Buy rating on UniCredit SpA (UNCFF – Research Report) today and set a price target of €49.00. The ...

Germany's Commerzbank has demanded a formal written proposal amid a potential takeover by Italian bank UniCredit. "We have ...

The behavior of the potential acquirer was very aggressive, very opaque, untransparent,” Germany’s Jörg Kukies told CNBC of ...

Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no ...

There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, ...

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.

UniCredit's behaviour in raising its stake in Germany's second biggest bank Commerzbank to 28% after its purchase of another ...

In December, UniCredit said it had raised its stake in its rival to ... Commerzbank shares were up three percent on Monday, making it the top performer on Germany's blue-chip DAX index. Commerzbank ...

while a tie-up between Germany's second-largest lender Commerzbank and Italy's UniCredit is facing government opposition. Germany's gross domestic product has been flat since the end of 2019 ...