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Commerzbank, UniCredit
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
Germany’s government will keep its 12% stake in Commerzbank until further notice, after a sale of a portion of its shares to Italy’s UniCredit sparked takeover speculation.
Commerzbank Shares Fall 3% as German Government Retains Stake
FRANKFURT (Reuters) - Shares of Commerzbank traded 3.1% lower on Monday after the government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with Italy's UniCredit on hold.
Commerzbank warns UniCredit merger threat to Germany's businesses
Commerzbank's management has warned the German government that a potential multibillion euro merger with Italy's second-largest bank UniCredit is a threat to businesses that make up the backbone of Europe's biggest economy, the Financial Times reported on Monday.
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the country's Finance Agency said on Friday, in the clearest sign yet that the government doesn't currently favour a takeover of the nation's No.
UniCredit Makes Move on Commerzbank as Germany Starts Exit
UniCredit SpA built a 9% stake in Commerzbank AG and plans to enter into talks with the lender, raising the possibility of a takeover that could reshape Europe’s banking landscape.
3d
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
2d
Germany Halts Commerzbank Share Sales to Block Any UniCredit Bid
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
Bitcoin Magazine
3d
Germany's Commerzbank and DZ Bank To Offer Bitcoin and Crypto Trading
Germany's two large banks, Commerzbank and DZ Bank, are launching Bitcoin and crypto trading services amid growing demand.
EuropaWire
2d
Commerzbank and Crypto Finance Partner to Provide Secure Crypto Asset Services for Corporate Clients in Germany
Commerzbank has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure access to digital assets, ...
3d
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 ...
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