ECB Leader Criticises Germany's Opposition to UniCredit's Offer by Commerzbank
4 Articles
4 Articles
Leader states that monetary authority is generally favourable to cross-border consolidation between European banks
Commerzbank wants to defend its independence and gets support from Berlin. Now the outgoing ECB Vice-President Luis de Guindos finds unusually clear words.
ECB Vice President Accuses German Government of Double Standards in Commerzbank Takeover (dpa) ECB Vice President Luis de Guindos has sharply criticized the German government for its resistance to a potential takeover of Commerzbank by Italy's UniCredit. In an interview with the Financial Times, he accused the German government of undermining the credibility of the European Capital Markets Union with its stance. It is unusual for the ECB to comm…
Commerzbank wants to defend its independence and gets support from Berlin. Now the outgoing ECB Vice-President Luis de Guindos finds unusually clear words.
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