German Identity in Balance: The Commerzbank Takeover Saga
19 Articles
19 Articles
Italian Unicredit has already secured almost half of its assets at Commerzbank - and wants more. Now the Chief Executive Officer has an appointment with the Federal Government in Berlin.
Italian Unicredit has already secured almost half of its assets at Commerzbank - and wants more. Now the Chief Executive Officer has an appointment with the Federal Government in Berlin.
Germany pushes for Commerzbank to retain Frankfurt listing in potential UniCredit deal
Berlin is pushing for Commerzbank (CRZBF) (CRZBY) to retain its German listing even as the bank prepares for an acquisition by UniCredit (UNCRY) (UNCFF), two people familiar with the matter told Reuters.
The German government is setting conditions for the planned takeover of Commerzbank by Italy's UniCredit, and insists on maintaining the Frankfurt stock exchange presence, protecting jobs, and ensuring the continuity of lending to German medium-sized companies. We will be discussing the future of the banking sector in depth at Portfolio's Future of Finance conference on September 23, so come along to the professional event!
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