New Commerzbank CEO expected to fight a potential UniCredit takeover
Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight a possible takeover of the German bank by Italy’s UniCredit. Orlopp, currently Commerzbank’s chief financial officer, will succeed existing chief executive Manfred Knof “in the near future”, Germany’s second-largest listed lender said.
Employees of Commerzbank protest against a potential takeover battle by UniCredit, in front of the Commerzbank headquarters ...
The German bank named its next CEO on Tuesday. The lender’s board decried a sudden buy-up of stock by Italy’s UniCredit, which may be looking for a cross-border path to take on Wall Street.
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition ...
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because ...
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because ...
The German government does not see legal powers it could use to prevent the takeover of Commerzbank by Italy's UniCredit , ...
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
With an election due in a year, German politicians are wary of potential job losses among Commerzbank's 40,000 staff and the ...
The major German services sector union Verdi is demanding that the government exhaust all options in the takeover battle for ...
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