financetom
Business
financetom
/
Business
/
Market Chatter: Deutsche Bank Mulling Ways to Impede UniCredit-Commerzbank Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Deutsche Bank Mulling Ways to Impede UniCredit-Commerzbank Deal
Sep 16, 2024 9:35 AM

08:43 AM EDT, 09/16/2024 (MT Newswires) -- Deutsche Bank AG ( DB ) is looking into how it can hamper UniCredit SpA's ability to purchase Commerzbank AG, Bloomberg reported Monday, citing people with knowledge of the matter.

Chief Executive Christian Sewing and his staff have been mulling options and have considered buying part or all of the German government's 12% stake in Commerzbank, the people reportedly told Bloomberg. Deutsche Bank ( DB ) may also end up doing nothing, Bloomberg reported, citing the people.

Deutsche Bank ( DB ), UniCredit, and Commerzbank did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 15.97, Change: -0.24, Percent Change: -1.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intuitive Machines to Collaborate With Johns Hopkins on Lunar Communications, Navigation Infrastructure
Intuitive Machines to Collaborate With Johns Hopkins on Lunar Communications, Navigation Infrastructure
Nov 21, 2024
10:23 AM EST, 11/21/2024 (MT Newswires) -- Intuitive Machines ( LUNR ) said Thursday that it signed a cooperation agreement with Johns Hopkins University Applied Physics Laboratory to work on advancing lunar communications and navigation infrastructure in cislunar space. The partnership will determine potential hardware applications that could benefit the US and could be adapted for commercial use, according to...
Duke Energy Tests Electric Truck to Explore Supply Chain Electrification
Duke Energy Tests Electric Truck to Explore Supply Chain Electrification
Nov 21, 2024
10:24 AM EST, 11/21/2024 (MT Newswires) -- Duke Energy ( DUK ) said Thursday it has been conducting a pilot project using an electric semitruck for supply chain logistics in North Carolina, marking its first attempt to electrify a commercial vehicle route. The electric power company said the project replaced a diesel-powered truck with an electric vehicle to transport equipment...
FAA administrator plans to meet with Boeing CEO
FAA administrator plans to meet with Boeing CEO
Nov 21, 2024
WASHINGTON, Nov 21 (Reuters) - FAA Administrator Michael Whitaker said on Thursday he plans to soon visit Boeing's ( BA ) Seattle offices to meet with CEO Kelly Ortberg. ...
Freightos, E2open Partner to Provide Forwarders With Access to Real-Time Bookings
Freightos, E2open Partner to Provide Forwarders With Access to Real-Time Bookings
Nov 21, 2024
10:29 AM EST, 11/21/2024 (MT Newswires) -- Freightos ( CRGO ) said Thursday it formed a partnership with E2open (ETWO) that aims to provide forwarders with access to real-time bookings and dynamic air freight rates. The company said the WebCargo by Freightos ( CRGO ) platform will be integrated into e2open's Transportation Management System application, which will allow global logistics...
Copyright 2023-2025 - www.financetom.com All Rights Reserved