Deal is a textbook example of how not to create price tension in a capital markets offering
Consolidation and harmonisation would help lenders reap the benefits of scale
Opposition politicians riled by top government officials caught unaware of talks with Italian lender
Sales include stakes in Commerzbank, NatWest, ABN Amro and Monte dei Paschi di Siena
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
The Italian lender is now the second-largest Commerzbank shareholder after the German government
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%
Birgitte Bonnesen becomes first banker convicted over Estonia money-laundering affair
And lets have a European SEC while we’re at it
Record interest rates have sent a chill through the market
An overlooked detail in the Danish Compromise can have a happy outcome
Deferred tax assets may hobble their ability to return capital to shareholders
Europe’s problem banks now appear to be some of those best positioned for growth
Shares have fallen 19% since CEO outlined new strategy focusing on capital rather than growth
Deputy Treasury secretary Adeyemo says Washington will ‘go after’ branches used by Moscow to circumvent trade restrictions
German lender expects €430mn boost to profits after deal in one of its longest-running legal disputes
Second-quarter net profit is twice what was expected in part thanks to the bank’s deft integration of Credit Suisse
Regulator PSR argues that charges have risen five-fold since Brexit
Swiss lender steps up integration of former rival Credit Suisse
Monte dei Paschi has been Siena’s benefactor since 1472. But, in recent years, a multibillion-euro scandal in pursuit of aggressive growth has dealt it a crushing blow