Commerzbank Stock News

Die Commerzbank DE000CBK1001 betont angesichts der Begehrlichkeiten der italienischen Unicredit IT0005239360 ihre Eigenständigkeit.

The CEOs of Germany's Commerzbank and UniCredit had an extensive talk for the second time since Italy's No. 2 bank disclosed in September that it had snapped up a significant stake, the Handelsblatt newspaper reported on Friday, citing several people familiar with the matter.

Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit , three people with knowledge of the matter told Reuters.

Die Aktien der Commerzbank DE000CBK1001 haben am Dienstag nach einem Pressebericht ihre Tagesverluste kurz deutlich ausgeweitet und sich dann wieder etwas erholt.

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance. Both banks raised their outlooks guidance on Wednesday, as they reported third-quarter results.

UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that "people will look at the facts" when weighing up a potential deal with Commerzbank.

Commerzbank raised its full-year outlook after net profit came in ahead of analysts' expectations.

Germany's Commerzbank , fending off a possible takeover by Italy's UniCredit, said on Wednesday that net profit fell 6.2% in the third quarter, figures that were better than analysts expected but were dragged down by a decline in interest income and a rise in risk provisions.