Commerzbank AG·Financial Services

Dozens of Commerzbank employees on Wednesday protested UniCredit's attempt to take over the German lender, maintaining a wall of fierce resistance to the cross-border deal.

UniCredit will not participate in Commerzbank's annual general meeting on Wednesday, two people familiar with the matter told Reuters, opting for a passive role even as it battles for eventual control of the German lender.

The German bank said UniCredit's offer undervalues it, adding the suitor lacks a credible strategic plan and its proposal entails considerable risks.

Commerzbank on Monday formally rejected an offer by Italy's UniCredit to buy the German lender, digging in its heels in its months-long resistance to the cross-border takeover attempt.

Commerzbank AG (CRZBY) Q1 2026 Earnings Call Transcript

Commerzbank ETR: CBK opened 2026 with what CEO Bettina Orlopp called “a very good start to the year,” posting record quarterly profit and prompting the lender to raise its full-year guidance while outlining a more ambitious long-term plan under its “Momentum 2030” strategy.
Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services. It also provides money market, and commodities and precious metals products; interest, currency, and liquidity management services, as well as wealth management services. The company operates approximately 790 branches. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
Financial Services
Banks - Regional
39,069
2010-01-05
0.72