Germany must oppose UniCredit takeover of Commerzbank, employees say
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit as workers fear massive job losses if a deal goes through.
Germany Must Oppose UniCredit Takeover of Commerzbank, Bank Employees and Union Warn
FRANKFURT (Reuters) -Commerzbank employees and a prominent labour union on Friday called on the German government to oppose a takeover of the German lender by Italy's UniCredit.
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.
UniCredit Should Move Soon on Commerzbank, JPMorgan Analysts Say
UniCredit SpA should act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co.
What buying Commerzbank would mean for UniCredit — and the banking sector
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe's banking sector.
Lufthansa weighs cancelling Frankfurt-Beijing route due to competition
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Germany shuts down 47 crypto exchanges over criminal activities
The exchanges failed to fulfill legal requirements such as conducting verifications like KYC (Know Your Customer).
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Germany Shuts Down 47 Crypto Exchanges for Illegal Activities
In a major crypto crackdown, Germany has shut down 47 crypto exchanges allegedly for carrying out illegal activities ...
Germany stocks higher at close of trade; DAX up 1.54%
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