Commerzbank’s profit surges as UniCredit takeover bid looms
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Commerzbank’s profit surges as UniCredit takeover bid looms
Commerzbank has cut thousands of jobs to boost profits and its share price, making a potential takeover by UniCredit more expensive. (Reuters pic) FRANKFURT: Germany’s Commerzbank said today that its net profit nearly doubled in the second quarter (Q2), as its Italian rival UniCredit nears the poss»»»
Commerzbank profit surges as UniCredit circles
FRANKFURT, Germany, Aug 6, 2026 (BSS/AFP) - Germany's Commerzbank said Thursday that its net profit nearly doubled in the second quarter, as its Italian rival UniCredit nears the possible completion of its hostile takeover. Net profit came in at 898 million euros ($1.03 billion) in the three months»»»
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