div > div.group > p:first-child"> The Financial Times, citing people familiar with the matter, reported Thursday that the Italian bank was prepared to make a multibillion-euro offer for a sizable stake in Commerzbank.
Commerzbank would be merged with German Unicredit subsidiary HypoVereinsbank, the FT reported, and the combined entity would be based in Germany while UniCredit maintains its headquarters and listing in Milan.Shares of Commerzbank were up over 5 percent in premarket trade. While the German government's stand on this remains unclear, it is speculated that a Deutsche Bank-Commerzbank tie-up would be seen as favorable as it would create a domestic banking champion. A deal with UniCredit would mean a foreign lender taking control of Germany's second-largest bank.
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Deutsche-Commerzbank tie-up opposed by 43 percent of Germans in pollSome 43 percent of Germans are against a merger between Deutsche Bank and Commer... why is a bank who has gotten caught doing crimes as often as deutsche bank has still allowed to operate at all?
Source: Reuters - 🏆 2. / 97 Read more »
Deutsche Bank and Commerzbank divided over pace of merger talks: sourcesDeutsche Bank and Commerzbank are divided over the pace of their merger talks, t... They need more time to cook the books I guess🤔
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Commerzbank to decide on April 9 on merger talks with Deutsche: WiWoCommerzbank's executive board is due to decide on April 9 whether to intens...
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Commerzbank to decide on April 9 on merger talks with Deutsche: WiWoCommerzbank's executive board is due to decide on April 9 whether to intensify merger talks with Deutsche Bank or back away, Wirtschaftswoche said Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche Bank shares slide 4 percent on report of capital raising for merger with CommerzbankShares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger.
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche-Commerzbank tie-up opposed by 43 percent of Germans in pollSome 43 percent of Germans are against a merger between Deutsche Bank and Commer... why is a bank who has gotten caught doing crimes as often as deutsche bank has still allowed to operate at all?
Source: Reuters - 🏆 2. / 97 Read more »
Deutsche Bank reportedly wants to raise up to $11 billion to buy Commerzbank. Its market cap is only $15 billionThe capital raising is designed to prevent the bank having to return to markets following the deal, if successful.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Capital Question Clouds Deutsche Bank Merger TalksOne of the big questions surrounding Deutsche Bank’s possible merger with Commerzbank is how much capital it might need to raise from shareholders to finance the deal. Oh you mean the AFN, you know calculating a company's Additional Funds Needed to Finance (whatever goals the CEO puts on the Annual Report)? Oh I got you!! Send me the 10k... and 10k
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves midday: Deutsche Bank, Nielsen, Movado & moreThese are the stocks posting the largest moves midday Thursday. Deutsche Bank - Strong buy!
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