The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring ...
Scholz and other members of his government have denounced the way UniCredit built the stake and said they oppose an ...
Its second-largest lender, Commerzbank, had been looking to Berlin to shield it from an unwanted takeover by an Italian rival ...
LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its biggest banks by an Italian rival, a stance that pits Berlin against Rome and Europe's regulators ...
The battle for Germany’s Commerzbank CBK-0.57%decrease; red down pointing triangle heated up Monday, with German leader Olaf Scholz and his government rallying to the bank’s defense after ...
Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing ...
Meanwhile, an Italian cabinet minister told the FT that Berlin’s approach was “hypocritical ... but when it comes to [Commerzbank] becoming an Italian [competitor’s] target it’s called ...
(Reuters) - The European Central Bank should evaluate any deal between Italian lender UniCredit and Germany's Commerzbank purely based on the solidity of the resulting bank rather than national ...
Commerzbank has, like some other banks ... 1870-1970s The bank was founded in Hamburg and later moved to Berlin. It relocated to Frankfurt in 1970 as one of Germany's leading banks, focusing ...
Berlin was taken aback by UniCredit's swoop to build a large stake in state-backed Commerzbank, a move the Italian bank says could lead to a merger. Officials are now bracing for a potential ...