Ruxandra Iordache

The Archive

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback

February 13, 2025 | 03:24AM

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets

February 13, 2025 | 02:50AM

Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures

February 11, 2025 | 02:25AM

Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns
UBS revealed plans for up to $3 billion of share repurchases over the course of 2025

February 04, 2025 | 01:58AM

Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme

January 31, 2025 | 09:40AM

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target

January 30, 2025 | 02:05AM
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca

January 28, 2025 | 08:59AM

Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units

January 28, 2025 | 06:39AM

HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca

January 24, 2025 | 05:22AM

Monte dei Paschi shares fall 6% after lender launches surprise 13-billion-euro bid for Mediobanca
Investors are watching whether UniCredit will proceed with a takeover venture of Germany's Commerzbank or Italian peer Banco BPM

December 18, 2024 | 04:02AM

UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit

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