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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. The joint statement from the Commerzbank works council and the Verdi union marks the starkest opposition yet by employee representatives of a possible tie-up between the two banks.
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 UniCredit SpA to swoop in and take a major stake in the lender.
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.
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.
Reuters
23h
Fact Check: Germany tightening land border controls, not closing its borders
Germany
’s
government
announced plans to impose stricter controls at the country’s land borders, not close its borders, ...
DPA International on MSN
25m
Germany's Scholz campaigns in Brandenburg ahead of key state election
German Chancellor Olaf Scholz on Friday campaigned for his Social Democratic Party (SPD) ahead of key elections in the ...
2d
Germany Launches Raw Materials Fund to Strengthen Supply Chains
The German government is launching a €1 billion ($1.1 billion) fund for investment in raw materials as it seeks to limit ...
18h
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck ...
4d
on MSN
Germany angers European neighbors as it tightens migration along all land borders
Germany has announced plans to tighten control at all of its land borders as part of a crackdown on migration, placing ...
11h
Germany seizes 47 crypto exchanges tied to ‘underground economy’
The German government has shut down nearly 47 cryptocurrency exchanges that it claims failed to implement sufficient identity ...
3d
on MSN
Intel causes Germany’s coalition government to rupture after shelving plans for €30 billion plant
Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.
6d
on MSN
Germany opens its doors to Kenyan workers in controlled migration deal
Germany has struck a controlled migration deal with Kenya, which sees Berlin open its doors to 250,000 skilled and ...
The American Conservative
8h
Germany's Establishment Conservatives Get Real on Migration
Establishment politicians in Berlin scramble to respond to public concerns about illegal immigration, but it is the ...
3d
on MSN
Germany begins conducting checks at all its land borders, testing spirit of EU’s free travel
The checks began at the borders with France, the Netherlands, Belgium, Luxembourg and Denmark before dawn Monday.
13h
on MSN
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the ...
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