German Chancellor Scholz calls UniCredit’s moves on Commerzbank ‘unfriendly’
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national interests, with German political opposition blocking UniCredit’s bid, but it is also risking diplomatic relations between Germany and Italy.
Commerzbank's deputy chair voiced opposition on Tuesday to a takeover of the German bank by Italy's UniCredit CRDI.MI.
Craig Coben, former global head of equity capital markets at Bank of America, says Europe's vision of a banking union is what ...
In a 2005, in a shock-and-awe move, UniCredit snapped up Bavaria’s historic HypoVereinsbank (HVB) for €15 billion. Since then ...
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
Commerzbank AG dropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any ...
BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's political ...
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation ...
Italy's UniCredit said it had raised its potential stake in Commerzbank to 21% by entering derivatives contracts on Monday to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback