Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
Italian bank says purchase will complete only once it receives regulatory approval to increase holding from 9% ...
UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the ...
UniCredit is "doing well" to act within the European Union's internal market, Italian Foreign Minister Antonio Tajani told ...
Commerzbank AG dropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any ...
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the ...
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
UniCredit SpA Chief Executive Officer Andrea Orcel used Barclays Plc to help quietly build up a stake in Commerzbank AG, a ...
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 ...
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...