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  • Tuesday, 11 January, 2022
    LexEuropean banks
    Deutsche Bank/Commerzbank: Cerberus bails out of German banking Premium content

    The gradualist approach to change has won out at both institutions

  • Tuesday, 11 January, 2022
    Buyout group Cerberus cuts bet on Deutsche Bank and Commerzbank

    US private equity group has had a rocky relationship with lenders since first disclosing stakes in 2017

  • Friday, 18 June, 2021
    HSBC Holdings PLC
    HSBC takes $3bn hit to exit French retail business

    Bank sells the operations to US private equity firm Cerberus as it steps up focus on Asia

  • Wednesday, 7 April, 2021
    Inside BusinessDavid Keohane
    HSBC’s painful retreat from France

    Private equity firm Cerberus set to swoop on lender’s ‘fallen angel’ retail network

  • Thursday, 18 March, 2021
    HSBC Holdings PLC
    HSBC in talks to sell French retail network to Cerberus subsidiary

    Negotiations with US private equity firm reflect UK lender’s strategy to sharpen focus on Asia

  • Monday, 21 December, 2020
    Co-operative Bank
    Co-op Bank calls off sale talks with Cerberus

    UK lender has been subject of M&A speculation during recent struggles

  • Thursday, 3 December, 2020
    Due Diligence
    Members only: more on the top ranks of European banks Premium content

    Elite jobs are notoriously inaccessible to newcomers — Cerberus’s failed Deutsche coup being the latest example

  • Thursday, 3 December, 2020
    Deutsche Bank AG
    Cerberus pushed to install Colm Kelleher as Deutsche Bank chair

    US buyout group tapped former Morgan Stanley president in an effort to replace Paul Achleitner

  • Tuesday, 17 November, 2020
    Co-operative Bank
    Co-op Bank receives offer from Cerberus

    Struggling UK lender approached by US private equity firm shortly after arrival of new CEO

  • Monday, 3 August, 2020
    Commerzbank AG
    Commerzbank defies Cerberus in chairman appointment

    Supervisory board elects Hans-Jörg Vetter despite opposition from second-largest shareholder

  • Friday, 17 July, 2020
    Due Diligence
    Dealmaking: always read the fine print Premium content

    The coronavirus pandemic has, in some instances, seen skittish buyers trying to walk away

  • Friday, 3 July, 2020
    Commerzbank AG
    Commerzbank chairman and chief to quit in Cerberus row

    Stefan Schmittmann and Martin Zielke tender resignation after criticism from second-biggest shareholder

  • Thursday, 25 June, 2020
    IPOs
    US grocer Albertsons scales back stock market listing

    Cerberus-backed supermarket group prices IPO below range to value group at $7.6bn

  • Thursday, 18 June, 2020
    Retail & Consumer industry
    Cerberus-backed Albertsons plans $9.6bn flotation

    US grocery chain’s owners hope to sell up to $1.51bn in IPO that comes after market rebound

  • Wednesday, 10 June, 2020
    Commerzbank AG
    Cerberus calls for shake-up at Commerzbank to stop ‘downward spiral’

    Private equity firm demands two seats on supervisory board and criticises management’s ‘negligence’

  • Tuesday, 12 May, 2020
    Due Diligence
    Space jam: can Branson’s Galactic venture save his Virgin empire? Premium content

    In the midst of a pandemic, anyone who owns aviation, hospitality or cruise ship businesses is fighting for survival

  • Friday, 27 December, 2019
    Metro Bank
    Metro Bank suitors deterred by costly branch network

    Several private equity groups have resisted making bids despite 90% share price fall

  • Tuesday, 12 November, 2019
    Deutsche Bank AG
    Cerberus pushes for Paul Achleitner to leave Deutsche Bank

    Other top shareholders also want chairman to change but not immediately

  • Monday, 22 July, 2019
    Private equity
    Cerberus in talks to buy Metro Bank mortgage portfolio

    UK bank was looking to sell more than £1bn of loans at centre of accounting error

  • Friday, 25 January, 2019
    News in-depthEuropean banks
    US private equity investors double down on German banks

    Cerberus is hunting more deals even after €730m of paper losses on €4bn it invested

  • Sunday, 4 November, 2018
    AIB Group PLC
    Questions raised over AIB €1.1bn problem loans sale

    Irish bank denies it used accounting arrangement to boost profits artificially

  • Monday, 17 September, 2018
    The FT ViewBanks
    Private equity buying banks is not a good mix

    The financial crisis taught that spiralling leverage can be dangerous

  • Thursday, 9 August, 2018
    US & Canadian companies
    Rite Aid shares and bonds tumble after takeover deal collapses

    Move between pharmacy chain and Albertsons falls through after investor opposition

  • Tuesday, 7 August, 2018
    Banks
    Commerzbank: waiting for Deutsche Bank Premium content

    A merger to create one mega national champion is surest route to better returns

  • Wednesday, 25 July, 2018
    FT AlphavilleAlexandra Scaggs
    Schrödinger's default [updated]
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