Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
BERLIN (Reuters) -The chief executive of Germany's Commerzbank snubbed overtures for a takeover by Italy's UniCredit, saying on Monday he had his own plans for the bank and hoped it could stay ...
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...