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,
Germany turns up heat on UniCredit as Orcel urges talks over Commerzbank
Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the German lender called for talks, which are being sought by the Italian bank's CEO Andrea Orcel.
UniCredit Flagged Commerzbank Interest to Germany Ahead of Move
UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around Germany’s position that it was unaware the move would be coming.
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.
German official calls UniCredit move on Commerzbank 'aggressive' and 'unwise'
A top German official criticised UniCredit's surprise swoop on Commerzbank as 'aggressive' and 'unwise' on Wednesday, cautioning of the risk posed by a hostile takeover and reiterating the government's determination to fend it off.
France's young finance minister acknowledges scale of job as markets fret
France's newly appointed finance minister, tasked with steering the nation out of a deep fiscal hole amid growing investor ...
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Pakistan will face “transitional pain,” says Finance minister as IMF approves USD 7 billion loan
Pakistan’s Finance Minister Muhammad Aurangzeb warned that the country would face “transitional pain” after the International Monetary Fund (IMF) agreed to loan Pakistan USD 7 billion, which the Prime ...
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Finance Minister Clarifies Remarks Amidst Criticism Over CA's Death
Finance Minister Nirmala Sitharaman clarified her recent comments regarding the death of a young CA at EY, stressing she did ...
Thai Finance Minister presses case for rate cut ahead of meeting with central bank
Thailand's Finance Minister Pichai Chunhavajira on Wednesday pushed the government's case for a cut in key interest rates ...
Pro-Palestinian protestor disrupts UK finance minister's speech
Pro-Palestinian protester interrupts British finance minister Rachel Reeves during a Labour conference :: Liverpool, England: ...
Japan Finance Minister Plays Down Seven & I’s ‘Core’ Designation
Any company that seeks to take over a Japanese business will require prior notification to the government, making it hard to ...
UniCredit's behaviour sparked distrust, German finance minister says
How UniCredit behaved in buying up shares in Commerzbank has sparked distrust, German Finance Minister Christian Lindner said ...
UK Finance Minister Vows To 'Rebuild' Country
British finance minister Rachel Reeves on Monday will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference.
Canada Rates Remain in Restrictive Territory, Finance Minister Freeland Says
OTTAWA--Canadian Finance Minister Chrystia Freeland said that despite three straight rate cuts from the Bank of Canada, borrowing costs "are still contractionary" and weighing on economic activity.
French growth should be 1.1% in 2024, finance minister says
France's overall economic growth should come in at 1.1% for the full year of 2024, Finance Minister Antoine Armand said on ...
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Scoop: U.S. fears Israeli finance minister will topple Palestinian banks
"Our goal is to make clear that such behavior doesn't only endanger stability in the West Bank but also Israel's security," a ...