Commerzbank AG Sponsored ADR (CRZBY)
Commerzbank's CEO pick Bettina Orlopp can hit the ground running, 7Square founder says
Thomas Schweppe, the founder of 7Square and former Goldman Sachs M&A banker, discusses a potential Commerzbank and UniCredit merger and Commerzbank's proposed new CEO Bettina Orlopp.
UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union Italy's UniCredit has ratcheted up the pressure on Frankfurt-based Commerzbank in recent weeks as it seeks to become the biggest investor in Germany's second-largest lender with a 21% stake.
European politics must leave markets to decide on UniCredit-Commerzbank, says Italy's former PM Letta
National governments should refrain from intervening as UniCredit seeks a potential tie-up with Commerzbank if Europe is to move towards closer integration, the author of a recent report on the single European market told Reuters on Wednesday.
UniCredit Aims to Shape Commerzbank Without Board Seat
Philip Richards, Bloomberg Intelligence Senior Analyst for European Banks, joins Bloomberg Intelligence to discuss Commerzbank, UniCredit latest and what this will mean for the future of European banking.
Six ECB governors say they support UniCredit-Commerzbank deal in principle
Six European Central Bank policymakers told Reuters they were broadly in favour of a tie-up between Italy's UniCredit and Germany's Commerzbank and viewed Berlin's opposition to a deal as running against the principle of European integration.
Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle
Commerzbank on Tuesday announced its current Chief Financial Officer Bettina Orlopp will soon become chief executive of the embattled German bank. The lender is facing tumultuous times as it seeks to fend off a potential takeover from Italian bank UniCredit.
German govt rules out increasing Commerzbank stake again, says lawmaker
The German government has ruled out increasing its stake in Commerzbank again in the takeover dispute with Italy's Unicredit during a meeting of the parliamentary finance committee, lawmaker Michael Schrodi said on Wednesday.
Hostile takeover of Commerzbank harbours great risk, German finance ministry says
Hostile takeovers harbour great risks, German finance ministry state secretary Florian Toncar said on Wednesday about UniCredit's stake-building in Commerzbank.
Orcel Says UniCredit Won't Seek Commerzbank Board Seat
UniCredit CEO Andrea Orcel says he won't seek a supervisory board seat at Commerzbank. "We are an investor.
Commerzbank names new CEO
Commerzbank promotes CFO Bettina Orlopp to CEO as the German lender faces takeover advances by Italy's Unicredit. Chinese equities see an extended rally following the PBOC's decision to slash the medium-term lending rate as a part of a string of stimulus measures by the central bank.
UniCredit can walk away from Commerzbank if no conditions for deal, CEO says
UniCredit has taken the opportunity to floor the downside of its investment in Commerzbank and can just walk away if the conditions are not right for a deal, CEO Andrea Orcel said on Wednesday.
Orlopp Named First Female Commerzbank CEO as UniCredit Bid Looms
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.
