Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work.
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government ...
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
UniCredit is "doing well" to act within the European Union's internal market, Italian Foreign Minister Antonio Tajani told ...
The Italian lender had earlier disclosed a 9% stake in its German peer, reviving speculation that it could pursue a tie-up.
UniCredit SpA has demonstrated at its existing German unit that it can cut costs in the country, which bodes well for its ...
FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's ...
German Chancellor Olaf Scholz warned against a "hostile takeover" of Commerzbank, after Italy's UniCredit revealed it had ...
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...