• BAMI
• CBKG
• CRDI

UniCredit launches €10.1 bln takeover bid for Banco BPM

• 0RLS
• ANIM
• BAMI
• CBKG

Italy's UniCredit launches surprise $11 billion all-share bid for Banco BPM

• 0RLS
• CBKG
• DANSKE

Commerzbank names new CFO amid UniCredit approach

• BMWG
• CBKG

Rising prices threaten wage disputes in Germany, warns union chief

German union leader warns rising prices and labor shortages are escalating wage disputes, pushing for stable wages amid increased strikes affecting various sectors and companies.

• CBKG
• INTC

New German finance minister does not plan 2024 budget freeze

Germany's finance minister, Joerg Kukies, assured no budget freeze for 2023 after coalition collapse and outlined plans amid economic challenges and opposition to 2024 budget.

• CBKG

Commerzbank considers buying domestic rival in UniCredit defence plan, sources say

• BLK
• CBKG
• ISNPY

Italy's Intesa partners with BlackRock in private banking in Benelux

Intesa Sanpaolo partners with BlackRock to enhance digital wealth management services in Belgium and Luxembourg, focusing on technology and expansion in Europe.

• ALVG
• CBKG
• DBKGn
• VOWG_p

Analysis-After Trump, German political crisis engulfs industry

• 0RLS
• CBKG

UniCredit CEO pushes merger credentials as it outperforms Commerzbank

UniCredit's CEO discusses efficiency, profitability, and a potential deal with Commerzbank, highlighting their German operations' success and emphasizing accountability in future decisions.

• CBKG

Commerzbank Q3 beats on revenue, cuts costs but faces rising credit challenges

Commerzbank reported €55M in revenue above estimates, with strong net interest income. Credit costs raised concerns, but NII outlook for 2024 and 2025 remains positive.