UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›
According to two sources with knowledge of the matter at hand, “As of today there is definitely no date when a decision will be taken on whether the discussions will proceed.” According to two sources familiar with the matter at… Read More ›
A major shareholder common to both banks is open to the idea of their merger. But question is, can they both turnaround on their own? On Wednesday, Cerberus, a U.S. investor which has a major stake in Germany’s Commerzbank and… Read More ›
While earning HNA had voting rights of 7.64%, its now cut it to 6.3%. The development comes as the EU is becoming more conscious of the Chinese threat. According to information available in a filing with the U.S. Securities and… Read More ›
Charges has been filed and settled against a former managing director of Deutsche Bank AG for fraudulent activities. The U.S. Commodity Futures Trading Commission said in a statement that charges have been filed and settled against a former managing director… Read More ›
The 221 page complaint alleges that these 16 major banks had colluded to rig the roughly $5.1 trillion-a-day foreign exchange market. In a significant development, a group of big institutional investors, which includes BlackRock Inc and Allianz SE’s Pacific Investment… Read More ›
Hudson Executive Capital LP led by former JPMorgan Chase’s CFO Douglas Braunstein feels that Deutsche Bank is “misunderstood and undervalued”. On Thursday, as per a report from the Wall Street Journal, New York-based hedge fund Hudson Executive Capital LP has… Read More ›
This minor change in asset holding strategy is likely to result in improved results, reduced risk tolerance, and at reduced costs. As part of a strategic decision to boost profitability, Deutsche Bank’s Chief Financial Officer stated, it plans on holding… Read More ›
Speculation is rife on Deutsche’s potential merger with either UBS or Commerzbank. Deutsche’s CEO Christian Sewing has however dampened speculation of any potential merger for at least the next 3 years. On Wednesday, German business daily Handelsblatt reported citing sources… Read More ›
Refinitiv is essentially Thomson Reuters’ F&R unit, which acquired a 55% majority stake by Blackstone on January 30 2018. Thomson Reuters’ Financial and Risk (F&R) division – Refinitiv has has launched a price guidance on its term loan B, equivalent… Read More ›
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