Europe bank bosses yearn for M&A as U.S. dealmaking expected to take off
There are too many banks in Europe for an efficient capital system,” one CEO told CNBC at the World Economic Forum in Davos, Switzerland.
finews12h
This is How Commerzbank Plans to Keep Unicredit at Bay
The new Commerzbank CEO has unveiled her strategy for the coming years. With restructuring and cost reductions, business processes are set to be streamlined, making the bank leaner and more efficient.
The Banker12h
Commerzbank announces job cuts and promises profit increases; Barclays returns to profit in fourth quarter
The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...
Neue Zürcher Zeitung4mon
Europe's banks are continental in ambition, yet national in decline
However, UniCredit's interest in Commerzbank could ... the proud financial institution to seek a rescue package from the Swiss government in October 2008. The global financial crisis also had ...