{
ABN AMRO Bank N.V.

Companies

}
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001122334455554433221100

ubs lowers abn amro price target while maintaining buy recommendation

UBS has reaffirmed its 'buy' recommendation on ABN Amro while lowering its price target from €19.5 to €18.1, indicating a potential upside of 17% for the stock. The broker anticipates double-digit EPS revisions for 2025 and beyond, influenced by lower interest rates, increased costs, and recent AT1 issues.
ABC Bourse
Euro ABN AMRO Bank N.V. UBS SA NLD
TradFi, Market Report
10:13 17.10.2024

uniCredit seeks merger with Commerzbank to reshape European banking landscape

UniCredit's CEO Andrea Orcel is pursuing a cross-border merger with Commerzbank, aiming to create a major European banking entity. Despite securing a 21% stake, he faces significant political resistance from German leaders and employees, which could hinder the merger's progress. If successful, this move could reshape the European banking landscape and inspire further consolidation efforts.
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United States Dollar Euro Commerzbank AG ABN AMRO Bank N.V. Royal Bank of Scotland UniCredit S.p.A. DEU ITA Olaf Scholz Andrea Orcel Show more
TradFi, Market Report
02:03 28.09.2024
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