Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Commerzbank has, like some other banks, had a rocky history with big mergers and acquisitions over the years. The bank was ...
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit as workers fear ...
Germany's government decided to keep its stake in Commerzbank until further notice, after a sale of a portion of its shares to Italy's UniCredit sparked speculation about a potential takeover.
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
That seems the logic underlying UniCredit’s pursuit of Germany’s Commerzbank. The Italian lender, led by M&A banker turned bank boss Andrea Orcel, has said it would not launch a hostile offer for ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
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