Commerzbank boss Bettina Orlopp sees major risks in a takeover by the major Italian bank Unicredit. The integration of two large banks is extremely difficult, Orlopp told the Handelsblatt. After taking over Dresdner Bank in 2008, Commerzbank spent several years merging the systems of both banks. “We cannot afford such a standstill in today’s world, … Read more
Page 1 of 2 It’s not just for bondholders that it’s worth taking a look behind the facade of the brilliant financial statements and key figures of European banks. Many are still not profitable enough. The shadow banking sector and especially private debt also pose risks. The liquidity of internationally active banking groups is often … Read more
Milan., The head of the Italian bank UniCredit, Andrea Orcel, participated on Friday in a virtual meeting with representatives of the German Commerzbank, after becoming the largest private investor in the German lender, a source familiar with the matter told Reuters. UniCredit revealed earlier this month that it bought a 9 percent stake in Commerzbank, … Read more
Unicredit vs. Commerzbank: The hunting season in the European banking market has begun – and what all this has to do with the UBS-CS deal The major Italian bank wants to acquire the German “Mittelstandsbank”, but only if Berlin and the whole of Germany do not raise a fuss. But that is what it looks … Read more
The markets are breathing a sigh of relief today, and in Germany there is an attempt at a market recovery. Commerzbank is also benefiting from this. Tomorrow the bank will present figures for the past quarter. In the coming months, monetary policy is likely to be the focus for financial stocks. On Tuesday, the markets … Read more
In the new year, Commerzbank shares are going from strength to strength. After just a week of trading, a respectable performance has already been achieved. This means that the chart picture has fundamentally changed compared to the end of the year. Now things could happen quickly. Of course it’s just a snapshot. Nevertheless, Commerzbank shares … Read more
Dhe legal disputes over Swiss franc loans pushed Commerzbank’s Polish subsidiary M-Bank into the red in the third quarter. The loss of M-Bank, which is almost 70 percent owned by Commerzbank, decreased to 83 million zloty (18.6 million euros) in the period from July to September after 2.28 billion zloty a year ago, as it … Read more
Commerzbank will open its books next week and report on the past quarter. This has already happened today at the Polish subsidiary mBank, which has long been suffering from high provisions for Swiss franc loans. The CEO is skeptical about further developments. mBank’s sales increased significantly over the last nine months: they rose by 17 … Read more
How much money do you need to collect 500 euros in interest every month with the call money? And how does the sum change at the various banks such as Postbank, ING or Commerzbank? We’ll show you and tell you a trick. For many savers and investors it is appealing to have a certain sum … Read more
The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and the emergency merger of UBS and Credit Suisse were not the end. Even after the experiences of 2008, it was not possible to regulate the … Read more