Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Italian bank UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) said Monday it increased its stake in Commerzbank (OTCPK:CRZBF) ...
Italy's Unicredit announced on Monday that it has boosted its stake in Commerzbank to around 21% through the purchase of ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
UniCredit is "doing well" to act within the European Union's internal market, Italian Foreign Minister Antonio Tajani told ...
Italy's government sees favourably UniCredit's efforts to build a large European banking group through a merger with ...
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
UniCredit, which surprised markets 10 days ago by revealing a nine-percent stake in Commerzbank, said on Monday it had taken another 11.5 percent through financial instruments ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
The German government would oppose a takeover of Commerzbank, a finance ministry source said Monday, after Italy's UniCredit unexpectedly announced it had raised its stake in the German lender to ...
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the biggest investor in rival ...