Unicredit

Germany, which still owns about 12% in Commerzbank, will need some time to form a government after snap elections last month.

UniCredit buys further 11.5% of Commerzbank in derivatives as it applies to get to 29.9%

'The physical settlement under the new financial instruments may only occur after the required approvals have been obtained,' UniCredit said in a note.

UniCredit plans 30% CEO pay hike linked to beating goals

Andrea Orcel's current pay package of up to 7.5 million euros ($8 million) a year makes the former head of investment banking at Swiss lender UBS one of Europe's best paid bank executives.

European Commission fines banks 371 million euros over bond trading cartel

The decision, announced by EU competition chief Margrethe Vestager, said traders from seven investment banks colluded in online chatrooms to fix prices and share sensitive information.

UniCredit confirms 6,000 Italy job cuts as union negotiations begin

Milan-based UniCredit, which also confirmed the 450 planned branch closures in the letter, declined to comment.

Bank of Baroda to buy out JV partner's entire stake in AMC business

The state-owned bank will fully acquire its mutual fund and trustee business and buy the entire 51 percent stake held by the joint-venture partner UniCredit.

Deutsche Bank to cut workforce by a quarter: Sources

That would bring the group's workforce down to around 75,000 full-time positions under a reorganisation being finalised by new Chief Executive John Cryan, who took control of Germany's biggest bank in July with the promise to cut costs.

Pininfarina, Mahindra to resume sale talks in Sept: Sources

The key investor in Pininfarina and the group's creditor banks are still seeking to agree a sale but Mahindra is "very cautious and plans to invest in Pininfarina at the lowest possible price", one of the sources said.

ECB to press for steady QE, may urge Greece to accept deal

In what could be the bank's least eventful meeting in months, the ECB is set to keep rates on hold, confirm its growth forecasts, make the case for a steady pace in quantitative easing and discuss Greece only briefly, leaving most of the talking to Brussels.

Weak euro powers European stocks to new highs

German stocks powered above 12,000 points for the first time, while the main pan-euro zone benchmark indices hit new seven-year highs.

See liquidity improving in European markets: UniCredit

Marco Valli, UniCredit told CNBC-TV18 that in the final part of the week there will be some important survey data, particularly the PMIs in the euro zone and the Germany.

No weak data seen to spook markets: UniCredit

Global markets were calm today morning as there was no fresh weak data to spook them, says Marco Valli of UniCredit. The US stocks rebounded more than 1 percent as big companies such as Coca-Cola and Johnson & Johnson posted strong earnings results.

Troika demands on Spain, Italy will not be harsh: Unicredit

Marco Valli, chief euro-zone economist, Unicredit, explains to CNBC-TV18 that any additional demands made by the Troika (the European Union, the ECB and IMF) on Italy and Spain will not be severe as both countries are already implementing the required reforms and fiscal consolidation.

See more short term policy action from EU summit: Unicredit

According to Marco Valli, the chief eurozone economist at Unicredit, the market should not hold high hopes for any steps towards fiscal or banking integration from the upcoming European Union summit.

Moody's downgrades Italian banks, outlook negative

Moody's Investors Service downgraded the long-term debt and deposit ratings for 26 Italian banks on Monday, citing the country's recession and rising bad debt levels.

Italy police seize 1.1 bln euro Gaddafi family assets

Italian tax police said on Wednesday it had seized Italian assets worth more than 1.1 billion euros belonging to members of the Gaddafi family.

S&P downgrades 34 Italian banks

Rating agency Standard & Poor's downgraded 34 Italian banks on Friday, including heavyweights UniCredit and Intesa Sanpaolo , citing a reduced ability to roll over their wholesale debt and expected weak profitability.

Listen in: Here's what will affect Indian equities today

Here is a look at the global news, domestic newsmakers and some stocks in news that will affect Indian equities tday.

Lossmaking UniCredit seeks $10.3bn, cuts 5,200 jobs

Italian bank UniCredit plans to raise 7.5 billion euros ($USD 0.3 billion) via a rights issue early next year to repair its balance sheet after suffering a third quarter net loss of 10.6 billion euros.

Europe hits banks with tougher capital test

Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check, banking and regulatory sources said on Tuesday.

Apple is worth as much as all euro zone banks

US technology company Apple is now worth as much as the 32 biggest euro zone banks.

Judge to move part of UniCredit Madoff trustee suit

A US judge said he will take over at least a portion of a USD 19.6 billion lawsuit accusing Italian bank UniCredit of helping convicted fraudster Bernard Madoff orchestrate his Ponzi scheme.

Italy not another Greek elephant in Euro room: UniCredit

As Greece struggles with their bludgeoning debt will Italy be next especially after last week's outlook downgrade? Federico Ghizzoni, Chief Executive of UniCredit tells CNBC's Geoff Cutmore that Italy is a in a totally different situation than Greece.