Manfred Knof will step down as Commerzbank CEO earlier than planned, Germany's second biggest lender said Wednesday, amid talk of a potential takeover by Italian rival UniCredit.
Executives from BNP Paribas and BBVA weighed in on the state of M&A and offered differing theories about why the continent is falling short globally against Wall Street.
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.