European markets were poised to open lower Friday as investors digested a slew of central bank rate decisions this week and ...
Italy’s UniCredit has taken a 9% stake in Germany’s Commerzbank, setting the stage for a pathbreaking cross-border takeover.
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
UniCredit, the $68 bln Italian lender, grabbed a 9% stake in Germany’s $16 bln Commerzbank. In this Viewsroom podcast, ...
For decades, Andrea Orcel was the 'rainmaker' who CEOs turned to for advice on the big deals that reshaped the banking ...
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst ...
The European Union will loan Ukraine up to €35 billion ($39 billion) to help rebuild its economy, the bloc’s executive arm ...
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the ...
European banks may not be sufficiently provisioned for property loan defaults if severe pressure leads to rapid growth in problem loans, a report by Moody's Ratings said on Thursday, but judged ...
Germany is one of the most fragmented, with hundreds of banks alongside the two big listed lenders, Deutsche Bank and ...
Deadly floods in Central Europe draws a promise from the EU for emergency funding, as "extraordinary times need extraordinary measures." ...
Shares in Germany's Commerzbank notched their best days in recent years, after Italian rival UniCredit snapped up a 9% stake.