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UniCredit, Commerzbank
Italy could intervene over UniCredit HQ in Commerzbank deal
Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government officials said, adding Rome expects to have a say in the matter based on its 'golden power' rules.
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.
UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.
15h
UniCredit to shift retrained staff from central offices to network, sources say
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's ...
3h
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their ...
devdiscourse
6h
Italy Guards UniCredit Amidst Cross-Border Merger Talks
Italy is concerned that UniCredit may move its headquarters to Germany if it merges with Commerzbank. The Italian government is prepared to leverage its 'golden power' to block or set conditions on ...
3d
on MSN
Exclusive-German finance minister tells Italy of his concerns on UniCredit move, sources say
Germany's finance minister has conveyed to Italy's Treasury his concerns about any takeover of Commerzbank by Italian lender ...
5d
UniCredit commences life bancassurance internalisation process in Italy
Italian financial services major UniCredit has initiated the process to fully internalise its life bancassurance business ...
2d
UniCredit, Commerzebank executives held virtual meeting, reports say
Chief Executive Andrea Orcel met virtually with Commzerzbank (CRZBF)(CRZBY) on Friday after the Italian bank became the ...
7d
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 ...
6h
Is UniCredit S.p.A. (UNCFF) the Italian Stock to Buy as It Shows Record Financial Results?
We recently published a list of 10 Best Italian Stocks To Buy Now. In this article, we are going to take a look at where ...
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