The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Italian bank UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) said Monday it increased its stake in Commerzbank (OTCPK:CRZBF) ...
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German ...
UniCredit's attempt to participate in Commerzbank without consultation is an unfriendly act and is not appropriate in Europe ...
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The ...
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 ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Italian bank says purchase will complete only once it receives regulatory approval to increase holding from 9% ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...