View of the branches of the Italian bank Monte deo Paschi in Rome.Nurphoto | Nurphoto | Getty ImagesBy late spring, Italy’s banking world was swept up…

Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of…

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank on Friday unexpectedly released quarterly results,…

Photographer | Collection | Getty ImagesItaly’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger…

A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022.Bloomberg | Getty ImagesItalian lender UniCredit on Monday offered to snap up…