Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Representatives for Barclays and UniCredit declined to comment. Mr Orcel stunned Germany about two weeks ago when he used a ...
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Italy's Unicredit announced on Monday that it has boosted its stake in Commerzbank to around 21% through the purchase of ...
Berlin bailed out Commerzbank with billions of euros in 2009 after the global financial crisis pushed it to the brink of ...
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its ...
German Chancellor Olaf Scholz warned against a "hostile takeover" of Commerzbank, after Italy's UniCredit revealed it had ...
German Chancellor Olaf Scholz on Monday issued a sharp warning to UniCredit to refrain from "unfriendly" acts after the Italian bank revealed it had significantly increased its stake in Germany's ...