Browsing Tag
Commerzbank
35 posts
Commerzbank Slashing 3000 Jobs Amid Looming Unicredit Takeover
Facing potential acquisition by the Italian firm Unicredit, the Commerzbank announced a sweeping reduction of approximately 3,000 jobs…
Verdi Rejects Unicredit Takeover of Commerzbank
The trade union Verdi has rejected the proposal for UniCredit, the Italian banking group, to acquire Commerzbank. During…
Commerzbank Executive Slams Unicredit Buyout Plan For Not Protecting Shareholder Value
During the ongoing takeover struggle for Commerzbank, Deputy CEO Michael Kotzbauer has strongly rejected the proposal put forward…
Unicredit Board Chairman Orcel Insists Commerzbank Takeover Unstoppable
Andrea Orcel, the Chairman of Unicredit, maintains his resolute stance regarding the takeover bid for Commerzbank. Speaking to…
Commerzbank Chief Bettina Orlopp Rejects Unicredit Bid, Affirms Independence After 18‑Month Growth
Bettina Orlopp, the chief executive of Commerzbank, has publicly rebuked the takeover proposal from Italy’s banking giant Unicredit…
Commerzbank Works Council Sharpens Criticism Against Orcel in Takeover Skirmish
The Commerzbank works council is raising the bar in its fight over a takeover with Unicredit chief Andrea…
Verdi Warns Unicredit Over Commerzbank Merge Employees Face Massive Cuts
Verdi warns that a takeover of Commerzbank by the Italian banking giant Unicredit could have severe repercussions for…
Commerzbank Prioritizes Employee Interests Amid Unicredit Takeover Review
In a message to staff, Commerzbank’s CEO Bettina Orlopp announced that when the bank examines Unicredit’s announced takeover bid…
Monika Schnitzer Challenges Government on Commerzbank Unicredit Bid Calls for Cross Border Consolidations
Monika Schnitzer, chair of Germany’s Economic Advisory Council, has publicly opposed the federal government’s stance on the potential…
SPD Rejects Unicredit’s Attempt to Acquire Commerzbank In Defense of Systemically Important Bank
The SPD parliamentary group has firmly rejected Unicredit’s bid to acquire the Commerzbank.“Commerzbank is a systemically important bank…
DAX Opens Flat As Commerzbank Scrutinizes Takeover Offer
The German market opened on Monday modestly and began the trading week without moving far from Friday’s close.…
Unicredit Pitches Takeover Offer for Commerzbank
Unicredit, the Italian banking group, has announced a voluntary public exchange offer for all of Commerzbank’s shares. The…
Commerzbank CEO Orlopp Declares Size Is No Value Amid Unicredit Takeover Bid
Bettina Orlopp, the chairperson of Commerzbank, reiterated the bank’s independence. In a conversation with the “Frankfurter Allgemeine Sonntagszeitung”, she…
Greens Launch Economic Council Featuring EON And Commerzbank Representatives
The Greens’ parliamentary group has created a new economic advisory board. About 50 managers, directors and founders are…
DAX Rises Strong as Commerzbank Shares Gain Demand
The German benchmark index began Monday’s trading session buoyantly. At 9:30 a.m. local time the DAX was quoted at…
Commerzbank Unicredit Merger Battle Looms
The Commerzbank is bracing for a protracted power struggle with Italian rival UniCredit, with CEO Bettina Orlopp signaling…
Commerzbank Dismisses UniCredit Merger Talk
Commerzbank’s CEO, Bettina Orlopp, has publicly dampened speculation surrounding a potential acquisition by Italian banking giant UniCredit, signaling…
Commerzbank Morale Rises Amid Deal Uncertainty
A recent internal survey reveals a surprising surge in employee morale at Commerzbank, defying expectations amidst a protracted…
Commerzbank Streamlines Workforce
The Commerzbank appears to be making significant progress in its plan to shed approximately 3,300 jobs within Germany,…
Commerzbank Facing Unwanted Takeover Risk
A significant risk has emerged concerning Commerzbank’s ongoing share buyback program, as highlighted by New York-based investor Metronuclear.…
Commerzbank Eyes Major Acquisitions
Commerzbank has signaled a heightened openness to larger acquisitions, expanding its previous strategy of smaller bolt-on purchases. According…
Commerzbank Chief Warns Against Unicredit Takeover
Commerzbank’s board member Michael Kotzbauer has cautioned about potential consequences stemming from a possible takeover by its major…
German MP Criticizes Unicredit’s Commerzbank Bid
A leading figure in Germany’s Social Democratic Party (SPD) has voiced concerns regarding the potential acquisition of Commerzbank…
Commerzbank Nears Deal on Job Cuts
Commerzbank is reportedly nearing an agreement with employee representatives regarding the implementation of its strategic restructuring plan. Management…
UniCredit Boosts Commerzbank Stake Further
UniCredit continues to increase its direct stake in Commerzbank, now holding approximately 26 percent, the Italian banking group…
German DAX Gains Commerzbank Lags Behind
European markets experienced a positive close to the week, with Germany’s DAX index finishing at 24,363 points –…
Commerzbank Chief Praises Investment Summit
The recent “Investment Summit” convened by the Chancellery has been hailed by Commerzbank CEO Bettina Orlopp as a…
Commerzbank Defends Independence Amid Unicredit Stake
The recent increase in UniCredit’s stake in Commerzbank to 20 percent appears to be having no immediate impact…
BREAKING: Commerzbank Defies the Norm, Abandons Office Quotas Forever!
Commerzbank Sets a New Standard in Flexible Working Arrangements In a move that sets it apart from its…
BREAKING: Bundesbank Chief Blasts Commerzbank Takeover, Warns of ‘Hostile’ Risks
Germany’s Central Bank Chief Warns of Risks in Potential Commerzbank Takeover Germany’s central bank chief, Michael Theurer, has…
Commerzbank Sets Sights on Europe’s Arming Up!
Commerzbank Sees Opportunity in European Defense, Plans to Finance More Projects Commerzbank’s risk management chief, Bernd Spalt, told…
BANK BOMB: Commerzbank to Slash 3,900 Jobs in Shocking Cost-Cutting Drive
Commerzbank to Cut Over 3,900 Full-Time Positions by 2028, Mostly in Germany Commerzbank has announced plans to reduce…
BREAKING: Unicredit’s Shocking Move to Take Over Commerzbank Exposed – What’s Next for the Global Banking Scene?
Unicredit has increased its stake in Commerzbank to around 28 percent. The Italian big bank announced this on…
BREAKING: Ex-Banker to Shatter Glass Ceiling, Set to Dominate Commerzbank Board!
Sabine Lautenschläger, a former banking supervisor, is set to join the supervisory board of Commerzbank, according to a…
BREAKING: Shocking Employee Survey – Despite Takeover Drama, Commerzbank Staff Reveals Surprisingly High Job Satisfaction!
Commercial Bank Employees’ Satisfaction Soars Despite Unicredit’s Takeover Plans Employees at Commerzbank, Germany’s second-largest bank, have expressed a…