UniCredit received approval from the European Central Bank to lift its stake in Commerzbank to 29.9% but said it won’t launch a full takeover any time soon. The Italian lender, which [aims to build a ...

Gold has surpassed another historic milestone on Friday (March 14), breaking through the psychologically significant barrier of $3,000 (€2,750) per troy ounce (31.1 grams) for the first time in ...

CIBC's Dodig will remain on the board as a special adviser to incoming CEO Harry Culham and the board until April 30, 2026. Culiham is to take the CEO position on Nov. 1. The lender reaffirmed its ...

Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt ...

GEOPOLITICAL RISKS: A chaotic rollout of U.S. tariffs and escalating threats against trade partners are rattling global markets, putting pressure on oil. In his latest move, President Trump threatened ...

Oil prices edged higher on Friday after a more than 1% loss in the previous session, as investors weighed the diminishing ...

Unicredit he torn the Green light of the ECB to acquire direct participation In Commerzbank up to 29.9% of the ...

European markets were higher on Friday, with geopolitical developments, economic updates and corporate earnings in focus.

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in ...

Global equities sank on Thursday with the S&P 500 confirming it was in a correction while U.S. Treasury prices rose as ...

Berlin has reaffirmed its support for Commerzbank's independence following the European Central Bank's approval for UniCredit to purchase up to 29.9% of the German bank. The finance ministry ...

UniCredit (UNCRY) has received ECB authorization to acquire a direct stake in Commerzbank (CRZBY) of up to 29.9%. UniCredit said: “However, ...