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.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
Italy's UniCredit has announced a significant increase in its stake in Germany's Commerzbank, moving its holding to nearly 21 ...
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
US and European shares nudged higher Monday as investors were torn between hopes of further interest rate cuts and weak ...
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation ...
Italy's UniCredit increased its holding in Commerzbank to around 21%, bringing it closer to a mandatory takeover offer, despite objections to any merger from a key German labor union.
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...