Commerzbank's deputy chair voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit CRDI.MI.

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.

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.

Bettina Orlopp will take over as chief executive officer of Germany's Commerzbank in the near future, the bank announced on ...

The Supervisory Board of Commerzbank AG has appointed Dr. Bettina Orlopp as new Chairwoman of the Board of Managing Directors effective with resignation of current Chairman Dr. Manfred Knof. She will ...

Commerzbank AG slumped as Germany said it won’t sell more shares in the lender. The Stoxx Europe 600 Index was little ...

UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...

Commerzbank Aktiengesellschaft (CZB) Commerzbank Lays Foundation for Leadership Transition 24-Sep-2024 / 19:29 CET/CEST The issuer is solely responsible for the content of this announcement.

Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe ...

"Europe needs banks that are capable to support ... whose hedge fund is an investor in UniCredit and Commerzbank and backs a tie-up. 'WORK IN PROGRESS' Orcel's next test is getting ECB approval ...

The German bank said that early this month Manfred Knof informed Jens Weidmann, chairman of the supervisory board, of his ...