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Germany talks tough but has limited room to halt UniCredit's advance on Commerzbank
With an election due in a year, German politicians are wary of potential job losses among Commerzbank's 40,000 staff and the ...
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
Commerzbank Falls as UniCredit Approach Runs Into Opposition
Commerzbank AG dropped after Germany said it won’t sell any more shares in the lender, a move signaling its opposition to any ...
Italy’s UniCredit Trades Blows With Berlin Over Commerzbank
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
Germany's Scholz Shuts Door to UniCredit After 'Attack' on Commerzbank
MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an unfriendly attack" UniCredit's move to become the ...
UniCredit raises stake in Commerzbank to 21%, seeks approval to increase holding to 29.9%
UniCredit boosts its stake in Commerzbank to 21%, with plans to increase to 29.9%. Analysts believe the move could spur ...