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UniCredit, Commerzbank
Caught cold by UniCredit's swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion euro merger of Frankfurt-based Commerzbank.
Commerzbank, UniCredit shares fall as Germany plans to keep 12% stake
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with Italy's UniCredit on hold.
German Finance Minister Lindner Joins Criticism of UniCredit
German Finance Minister Christian Lindner said his government decided to suspend sales of Commerzbank AG shares because UniCredit SpA’s surprise move on the lender had unnerved investors.Most Read from BloombergUnlocking the Hidden Power of Zoning,
12h
on MSN
Germany does not see legal means to prevent UniCredit takeover, sources say
The German government does not see legal powers it could use to prevent the takeover of Commerzbank by Italy's UniCredit, two ...
53m
Germany Wants Banking Union Only on Its Own Terms, OMFIF Says
German Chancellor Olaf Scholz’s comments on a potential acquisition of Commerzbank AG by Italy’s UniCredit SpA suggests that ...
bankingdive
11h
Commerzbank fights for its life amid apparent UniCredit reversal
The German bank named its next CEO on Tuesday. The lender’s board decried a sudden buy-up of stock by Italy’s UniCredit, which may be looking for a cross-border path to take on Wall Street.
16h
on MSN
Analysis-Germany talks tough but has limited room to halt UniCredit's advance on Commerzbank
Victoria Farr BERLIN/FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel has succeeded in uniting Germany's ...
Zawya
3h
Germany talks tough but has limited room to halt UniCredit's advance on Commerzbank
With an election due in a year, German politicians are wary of potential job losses among Commerzbank's 40,000 staff and the ...
10h
Commerzbank Taps ‘Loyal Soul’ Orlopp to Lead UniCredit Fight
Bettina Orlopp has been waiting in the wings for more than four years. With Commerzbank AG scrambling to fend off an ...
11h
on MSN
Commerzbank appoints CFO Orlopp as CEO as UniCredit builds up stake
Bettina Orlopp will take over as chief executive officer of Germany's Commerzbank in the near future, the bank announced on ...
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