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UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO tells paper
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any "aggressive" moves such as an unsolicited buyout bid.
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Opposition within the German government to a potential takeover of Commerzbank by UniCredit is solidifying, amid anger at the way the Italian bank acquired its 9 per cent stake and concern over potential macroeconomic risks a merger might pose to the German economy.
Italy's UniCredit CEO Rules Out Commerzbank Takeover Bid
The CEO of Italian lender UniCredit ruled out a takeover bid for Germany's Commerzbank in an interview published Thursday, but confirmed he was seeking central bank permission to increase its stake to 29.
Intesa CEO says Commerzbank move makes sense for UniCredit, but we're different
UniCredit's investment in German rival Commerzbank is consistent with an "excellent" geographic diversification strategy, the chief executive of Italy's top lender Intesa Sanpaolo said on Wednesday, adding that his bank had a different approach.
18h
Oktoberfest tightens security in wake of deadly knife attack in western Germany
Oktoberfest has tightened security around the beer festival in the wake of a deadly knife attack in western Germany last ...
15h
Germany Says Uniper IPO Is Preferred Option to Sell Utility
The German government said an initial public offering would be the preferred option to sell utility Uniper SE.
11h
Oktoberfest tightens security after a deadly knife attack in western Germany
Oktoberfest has tightened security at the beer festival in the wake of a deadly knife attack in western Germany last month ...
14h
Germany suffers ‘spectacular’ 70pc drop in electric car sales
Germany has suffered a “spectacular” drop in electric car sales as the European Union faces growing calls to delay its net ...
3h
Germany seizes 47 crypto exchanges tied to ‘underground economy’
The German government has shut down nearly 50 cryptocurrency exchanges that it claims failed to implement sufficient identity ...
1d
Germany Has Stopped Approving War Weapons Exports to Israel, Source Says
A source close to the ministry cited a senior government official as saying it had stopped work on approving export licences ...
11h
Germany Investigates Its Own Handling of Commerzbank Stake Sale
The German government has started an internal probe into its Commerzbank AG share sale after the transaction allowed ...
17h
Germany considering all options for Uniper re-privatisation, ministry says
The German government is examining all options to exit Uniper , which it bailed out during the energy crisis triggered by ...
11h
on MSN
Why is Germany cracking down on migration?
Germany isn't building walls to put an end to mass migration. But the country is tightening its borders — and prompting a ...
12h
on MSN
Germany May Already Be in Mild Recession, Bundesbank Says
Germany’s economy may already be in recession, but a severe economic slump looks unlikely as things stand, according to the ...
16h
Germany to approve 397 million euros in extra Ukraine military aid, letter says
Germany is set to approve close to 400 million euros ($450 million) in additional military aid to Ukraine, according to a ...
EURACTIV
25m
Germany urges countries to apply EU migration law as Athens takes issue to EUCO
[EPA/NIKOS ARVANITIDIS] The migration discussion has opened again in Europe, with
Germany
preparing to increase the number ...
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