The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the ...
Scholz and other members of his government have denounced the way UniCredit built the stake and said they oppose an ...
Its second-largest lender, Commerzbank, had been looking to Berlin to shield it from an unwanted takeover by an Italian rival ...
Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring ...
New German Finance Minister Joerg Kukies said on Tuesday there will be no budget freeze for this year as a result of the ...
The battle for Germany’s Commerzbank CBK-0.57%decrease; red down pointing triangle heated up Monday, with German leader Olaf Scholz and his government rallying to the bank’s defense after ...
Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing ...
Berlin was taken aback by UniCredit's swoop to build a large stake in state-backed Commerzbank, a move the Italian bank says could lead to a merger. Officials are now bracing for a potential ...
Not only was there a political bang in the US yesterday, but also in Germany late last night. After Chancellor Olaf Scholz fired Finance Minister Christian Lindner, the so-called “Ampelkoalition” (a ...
European Regulators Signal Backing for Possible Commerzbank Deal Bank supervisors in private see few reasons to block takeover Berlin opposes a deal but indicated there’s little it can do ...
Commerzbank shares were up 1% at 9:39 a.m. Tuesday in Frankfurt, giving the lender a market value of about €19.4 billion ($20.9 billion). Bringing on an additional bank could help Berlin shield ...
BERLIN (Reuters) - German state-backed lender Commerzbank must be fully privatised, but the government is in no hurry, German Finance Minister Christian Lindner told Reuters in an interview on Friday.