Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover.

Germany’s second-largest lender pushed more ambitious profit, revenue and return on tangible equity goals on the eve of talks that may shape its near future.

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.

Commerzbank Aktiengesellschaft (CZB) Manfred Knof is leaving Commerzbank at the end of the month 25-Sep-2024 / 14:25 CET/CEST The issuer is solely responsible for the content of this announcement.

EQS-News: Commerzbank Aktiengesellschaft / Key word (s): Personnel Manfred Knof is leaving Commerzbank at the end of the month 25.09.2024 / 14:23 CET/CEST The issuer is solely responsible for the ...

The announcement came barely two weeks after CEO Manfred Knof said he wouldn’t seek a new term when his current one runs out at the end of next year. That timeline was thrown into disarray within ...

Commerzbank on Tuesday announced its current Chief Financial Officer Bettina Orlopp will soon become CEO of the embattled German bank.

Newly named Commerzbank Chief Executive Bettina Orlopp has a difficult first mission: Fend off an Italian raider, UniCredit, ...

Commerzbank appointed Bettina Orlopp to replace departing CEO Manfred Knof, as it contends with a possible takeover approach from rival UniCredit. Bloomberg's Oliver Crook reports.

In its annual report on long-term energy trends, the cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last year. Demand from non-OECD ...

Commerzbank this week announced that Chief Executive Officer Manfred Knof won’t seek a new term when the current one runs out at the end of next year. “UniCredit will engage with Commerzbank AG to ...

Financial company shares fell after the Justice Department sued Visa for antitrust violations, alleging the company used illegal tactics to maintain a monopoly in debit-card payments.