The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
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Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
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Find insight on UniCredit, Commerzbank, Australian banks and more in the latest Market Talks covering Financial Services.
Italy's UniCredit has announced a significant increase in its stake in Germany's Commerzbank, moving its holding to nearly 21 ...
UniCredit SpA Chief Executive Officer Andrea Orcel moved to more than double the lender’s stake in Commerzbank AG, in a ...
US and European shares nudged higher Monday as investors were torn between hopes of further interest rate cuts and weak ...
Italy's UniCredit increased its holding in Commerzbank to around 21%, bringing it closer to a mandatory takeover offer, despite objections to any merger from a key German labor union.