International Companies

UniCredit, Commerzbank deliver contrasting quarters amid tie-up chatter

By Josh White

Date: Wednesday 06 Nov 2024

(Sharecast News) - Italian bank UniCredit and Germany's Commerzbank delivered contrasting third-quarter earnings on Wednesday as UniCredit pursued an increased stake in Commerzbank, potentially setting the stage for one of Europe's largest banking mergers in over a decade.
UniCredit reported an 8% rise in net profit to €2.51bn, significantly surpassing forecasts...

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