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Commerzbank, Europe and UniCredit

Commerzbank fight is stress test for EU bank union

Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival BNP Paribas ; its stock market value is barely a quarter of Spain’s Banco Santander .

CNBC on MSN · 1d

France's biggest lender says there are 'too many' European banks as UniCredit moves on Commerzbank

BNP Paribas Chief Financial Officer Lars Machenil on Thursday voiced his support for greater integration in Europe's banking sector.

NBC New York · 1d

UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union

European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.

Swiss central bank cuts rates by a quarter point

Marketplace · 1d

Central banks started cutting interest rates months before the Fed

The Fed finally cut interest rates last week, joining a global party consisting of several banks across the world.

The Financial Times · 1d

European Central Bank is likely to cut once more in December

Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in light of recent policymaker comments suggesting that the chance of additional easing is higher.

Hosted on MSN · 1d

Swiss central bank cuts rates by a quarter point in third trim this year

The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The reduction comes amid subdued domestic inflation and a rally in the Swiss franc.

China growth measures drive up European stocks

Euronews · 18h

Markets round-up: China growth measures drive up European stocks

Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer demand, such as luxury and automotive stocks. Both the Euro Stoxx 600 and the DAX reached new record highs.

NBC News on MSN · 13h

China stocks see best week since 2008 on stimulus impact as most Asia markets rise

Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.

Fortune on MSN · 1d

Stocks rise as China adds to stimulus with more measures

China: Week's second stimulus shot boosts markets. The China stock rally returned as Beijing announced more measures to revive the world's second-largest economy, including cash h

13h

European Bonds Surge With ECB Cut in October Increasingly Likely

European bonds rallied on Friday, extending gains in a week that’s left the prospect of an interest-rate cut in October ...

4d

European Banks Are Factoring Climate Risks Into Loans, ECB Says

European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...

9h

Orcel, the Dealmaker Determined to Redraw Europe's Banking Map

In his latest battle, Commerzbank's incoming CEO Bettina Orlopp has pledged to keep the bank independent and trade unions to ...

2don MSN

European markets edge lower as China stimulus rally fades; Sweden's central bank cuts rates

European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus ...

4d

EU Bank Profitability Hit Record Just as ECB Started Rate Cuts

The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first ...

1d

European Investment Bank to provide Ukraine with funds for construction of water supply system in Mykolaiv

Ukraine has reached previous agreements with the European Investment Bank (EIB) to raise funds to construct a water extractor ...

2d

European politics must leave markets to decide on UniCredit-Commerzbank, says Italy's former PM Letta

National governments should refrain from intervening as UniCredit seeks a potential tie-up with Commerzbank if Europe is to ...

4d

Barclays, Bank of America Helped Orcel Buy Commerzbank Stake

UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc and Bank of America Corp. to help him quietly build up a ...

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