Deal is a textbook example of how not to create price tension in a capital markets offering
Opposition politicians riled by top government officials caught unaware of talks with Italian lender
German lender puts ‘everything under review’ after Italian rival builds 9% stake
Former UBS dealmaker has contemplated tie-up with state-backed German lender for years but Berlin may balk
Plus, Wall Street succeeds in bringing down new capital rules and Adnoc goes after a German chemicals giant
Italian lender’s purchase of 9% stake in German rival could signal start of long-awaited banking consolidation
Berlin ‘naive’ to put key lender to Mittelstand companies on the line, says Verdi
Regulators and politicians should, this time, allow the race to run its course
Departure comes as German state cuts its stake in the lender from 16.5% to 12%
Frankfurt-based lender seeks €600mn payout despite ‘burdens’ in Poland and Russia
Frankfurt-based lender raises earnings forecast as higher interest rates buoy income
Bank’s efforts to evict tenant has sparked outrage in Germany
CFO Bettina Orlopp says move makes sense because shares trade at less than half its book value
Former compliance manager in London has had a 6-year legal battle with German bank
Former Merkel adviser will become fourth chair in three years at German lender
Russian gas and Polish populism look more like a flagon of hemlock than an invigorating cocktail of risk
Lender warns of ‘severe recession’ if Russia cuts off supplies
A deal still makes long-term sense and Orcel may just have the diplomatic chops to pull one off
Italian and German chief executives scheduled talks earlier this year but shelved tie-up
Expect rising loan loss provisions as the economy sours
Selling now makes sense with an economic slowdown looming for the EU
Commerzbank stock also falls after investor sells €475mn share
Struggling German lender wants to resume dividend payments this year as turnround gains traction
The gradualist approach to change has won out at both institutions
US private equity group has had a rocky relationship with lenders since first disclosing stakes in 2017