Enel, the Italian power and gas company, printed €2bn of sustainability-linked bonds in three maturities on Monday. It ...

UniCredit on Monday reminded Banco BPM shareholders it could withdraw its buyout offer for their bank if BPM investors back a more costly bid for fund manager Anima Holding. BPM last week proposed to ...

UniCredit on Monday warned Banco BPM shareholders that if they decided to back a more costly bid for fund manager Anima Holding UniCredit could pull its own buyout offer for BPM. "UniCredit reiterates ...

Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.

Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...

For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...

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

Commerzbank is to cut 3900 jobs over the next two years as it strives to slash costs and drive profits in the face of a hostile takeover bid by italy's Unicredit.

Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...