Norddeutsche Affinerie takes fire at Commerzbank in Cumerio deal
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The German copper producer Norddeutsche Affinerie, which plans to merge with Belgian group Cumerio, has complained to financial regulator BaFin about its advisory bank Commerzbank, it emerged on Friday.
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The German state has decided to sell its 38-percent stake in the distressed bank IKB, one of those hit hard by the US home loan debacle, a press report said Wednesday.
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The eastern German state of Saxony sold a troubled state-run bank as the global liquidity crisis claimed its first major European victim.
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Commerzbank, the second-biggest listed bank in Germany, said it plans to cut 900 jobs in its loans and IT divisions as part of the integration of the newly acquired real estate financier Eurohypo.
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Italian bank Unicredit is being sued by a group of minority investors in HypoVereinsbank, the German firm it bought in 2005.
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Germany&#39;s KfW state development bank said Monday it was selling up to euro3 billion (US$3.7 billion) in Deutsche Telekom shares and offering options on another euro1 billion (US$1.
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German industrial group MAN AG   MANG.DE unveiled a 9.6 billion euro ($12.2 billion)   cash-and-share offer for Scania AB SCVb.ST, which the Swedish   truckmaker and a key shareholder immediately rejected on   Monday.
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MILAN, Aug 19  - Parmalat on Thursday fired off the latest lawsuit in its bid to recover billions of euros from banks that did deals with the now insolvent dairy group, saying it had sued CSFB for ...
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German banks, looking to put bad  investments behind them, are hanging 'For Sale' signs on  billions of euros in distressed loans in a move that's  attracting major U.S. vulture funds.
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Deutsche Bank, the German investment bank, has challenged the legitimacy of Russian oil giant Yukos' bankruptcy protection case in court and plans adverts.
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Commerzbank , which has been  persistently cited as a possible takeover target, jumped 2.2  percent to 37.8 euros, its highest in nearly seven years on  market talk Citigroup  was likely to bid about 45 euros  for the bank.
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The Russian company wins a legal skirmish.
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Citigroup  flagged its interest in  buying a bank in Germany on Tuesday but played down recent talk  that it was about to swoop on Commerzbank .
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Kreditanstalt fuer Wiederaufbau (KfW), the state owned bank that the German government uses as a vehicle for privatisation, is selling via the open market a stake of around seven percent in telecommunications giant Deutsche Telekom.
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A consortium led by Royal Bank  of Scotland  has launched a 71.1 billion euro ($95.9  billion) bid for Dutch group ABN AMRO, trumping Britain&#39;s  Barclays in a battle for the world&#39;s biggest bank takeover.
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FRANKFURT: Kreditanstalt fuer Wiederaufbau (KfW), the state owned bank that the German government uses as a vehicle for privatisation, is selling via the open market a stake of around seven percent in telecommunications giant Deutsche Telekom.
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Deutsche Boerse takeover bid for the London Stock Exchange is criticised by one of its own shareholders.