Malaysia's central bank has finally joined its rate-cutting peers, lowering its benchmark interest rate for the first time in five years to support the economy. The Italian lender now owns around 20% ...

The U.S. dollar was steady on Thursday after retreating from a two-week high versus major peers, as markets took U.S.

The U.S. dollar stabilised on Thursday after retreating from a two-week high versus major peers, as markets took U.S.

Shares of banks and other financial institutions rose as traders bet the sector would benefit from a resurgence of deal activity. Italian lender UniCredit said it converted part of its position in ...

Find insight on mortgage lending, student-loan delinquencies, and more in the latest Market Talks covering Financial Services ...

The dollar hovered near more than a two-week high against the yen on Wednesday as U.S. President Donald Trump announced tariffs on seven countries, after earlier this week imposing 25% tariffs on ...

European shares hit a four-week high as optimism grows over potential US-EU trade talks. Banks led gains, notably UniCredit ...

UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...

Orcel's other M&A moves include a doubling of UniCredit's stake in Greece's Alpha Bank in May. He also built a stake in ...

Interest rate differentials were a key factor in preventing the dollar from gaining against the euro, Commerzbank said, adding that if the Fed’s June meeting show a stronger tendency towards rate cuts ...

UniCredit said it converted part of its position in peer Commerzbank into stock to double its equity stake, becoming the largest shareholder of the German lender that it hopes to engineer a merger ...