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CBK Commerzbank AG

13.75
-0.195 (-1.40%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Commerzbank AG TG:CBK Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.195 -1.40% 13.75 13.72 13.765 14.155 13.60 13.995 648,803 20:59:04

Commerzbank: Aims to Stay Independent After Report of Scrapped Talks With UniCredit

18/05/2022 10:14am

Dow Jones News


Commerzbank (TG:CBK)
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From May 2022 to May 2024

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   By Cristina Roca 
 

Commerzbank AG's strategy aims to create the conditions for the bank to remain independent, the company said Wednesday.

Earlier on Wednesday, the Financial Times reported, citing unnamed sources, that the German lender and Italy's UniCredit SpA had been planning to discuss a potential merger earlier this year, but that the talks were shelved after Russia invaded Ukraine.

Commerzbank and UniCredit both declined to comment on the report.

Shares in the lenders were little affected. At 0827 GMT, UniCredit shares traded 0.2% lower, while Commerzbank shares were up 1.4%.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

May 18, 2022 04:59 ET (08:59 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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