UniCredit raises stake in Commerzbank to 28% through derivatives
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty…
Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move…
Italy looks like fertile ground for a mega merger deal in banking
MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give…
G7 confronts China on commerce, pope talks about AI
Pope Francis made an historic appearance at the Group of Seven summit on Friday to speak about the pros and…
‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign…
Italy is bracing for a record wave of tourists, but is having trouble handling them
Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside resort, where Taylor…
Russia cannot swallow the West whole, Orban says; G7 finance chiefs meet with Ukraine on agenda
This was CNBC’s live blog tracking developments on the war in Ukraine. Finance ministers of G7 countries are meeting in…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…
It’s time for ‘diplomatic action’ over Ukraine, ally says, as pressure mounts on Kyiv for peace talks
This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Diplomatic pressure…
