UniCredit plots Commerzbank shake-up amid takeover pursuit

UniCredit has unveiled plans for a far-reaching shake-up of takeover target Commerzbank with the intention of transforming the German lender for a “new future-ready era.” Chief executive of UniCredit Andrea Orcel said in a conference call Monday that a “true combination” of UniCredit and Commerzbank would send “a clear signal”, creating a “country leader and…

Read More

Stoxx 600, FTSE, DAX, CAC, oil, Iran latest news

Traders work on the floor of the New York Stock Exchange during morning trading on April 17, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks fell on Monday, amid fears that a re-escalation of U.S.-Iran tensions over the weekend could derail the fragile ceasefire between the two countries….

Read More