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Category: Finance
Trading, dealmaking booms to hand Wall Street bankers bumper bonuses, says consultancy
Equity traders and M&A advisers are expected to receive the biggest pay rises as market volatility and record deal activity…
Commerzbank lowers resistance, signals openness to UniCredit takeover talks
UniCredit has asked Commerzbank to start adopting the strategy the Italian bank has mapped out for its German counterpart in…
Endgame for Commerzbank? UniCredit secures 47.6% of shares of its German counterpart
UniCredit could still struggle to advance its takeover project, due to a united opposition from the Friedrich Merz government, unions,…
Commerzbank maintains defiant stance, urges stakeholders to ward off UniCredit
In a letter, CEO Bettina Orlopp told the shareholders that UniCredit’s offer wasn’t high enough and the Italian bank had…
UniCredit, Commerzbank pan each other after Germany shows door to Italian venture
Germany cited low price and concerns about the UniCredit’s “aggressive approach,” behind its rejection of the Italian bank’s takeover proposal…
Switzerland may go soft on capital requirements for UBS, says report
UBS would need to back its foreign subsidiaries with around 70% or 80% of CET1 capital instead of the government’s…
Revolut to offer FDIC-insured products in US as Gen Z’s banking goes digital
Cetin Duransoy, Revolut’s US CEO, expects the American entity to start its operations in 2027, with headquarters in Stamford and…
JPMorgan, Goldman Sachs, Mizuho to guide SoftBank’s IPO efforts
SoftBank-backed SB Energy, through its IPO, is reportedly seeking a valuation of over USD 50 billion in its market debut…
UniCredit vs Commerzbank: German lender rejects fresh takeover bid
Commerzbank executives, along with Germany’s government and bank employees, have long criticised UniCredit’s tie-up attempt as hostile Germany’s Commerzbank has…