UniCredit launches €35bn Commerzbank takeover offer
Italian lender steps up long-running pursuit with plan to increase its near 30% stake in German bank without expecting to gain control
Commerzbank
Commerzbank delivers surprise profit jump as it fends off UniCredit
Earnings come ahead of annual shareholder meeting next week
Commerzbank eyes thousands of job cuts to fend off UniCredit
German bank set to discuss plans at all-day meeting on Wednesday
State may sell final AIB shares next year, CEO Colin Hunt says
European governments selling down crisis-era bank stakes, taking advantage of strong sector valuations amid heightened interest rates
Germany warns UniCredit on mooted Commerzbank takeover
German government has no plans to sell remaining stake in Commerzbank
Italian bank UniCredit’s bid for German stalwart Commerzbank provokes outrage
However, State sold shares accumulated during 2008-2010 banking crisis to bidder in auction
Commerzbank open to tie-up talks after UniCredit takes 9% stake
Italian bank announced on Wednesday it had bought a 9% in its German counterpart
Fall in German business activity drags down euro zone economy
Purchasing managers’ poll hits 5-month low on weak growth in services and steep falls in manufacturing
European shares dip amid concern as US debt ceiling deadline nears
US President Joe Biden looked set to continue talks with congressional leaders on raising the country’s debt limit later this week
Germany to slash VAT on gas sales to cushion price shock
Chancellor announces plan to offset the impact of a new gas levy that starts in October
Dow drops 1,100 points as concerns over inflation rise
Technology stocks sensitive to interest rates lose their bounce as Fed chief talks tough
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
The GlossOpens in new window
Read the digital edition of The Gloss magazine now
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices