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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.
German union appeals to Berlin to prevent Commerzbank sale to UniCredit
A German bank staff union on Thursday called on Berlin to prevent UniCredit from buying Commerzbank, warning of massive job losses if a deal goes through. The warning by the DBV union comes days after
10m
Germany Shuts Down 47 Crypto Exchanges 'Used For Criminal Purposes'
Germany has shuttered 47 crypto exchanges that it said had links to the "underground economy" and offered unregistered ...
Reuters
20h
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, ...
2d
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.
Kyiv Independent on MSN
16h
Germany delivers over 20 Leopard 1 tanks, Gepard anti-aircraft guns, other aid to Ukraine
Berlin has handed over 22 Leopard 1 A5 tanks, 61,000 155mm rounds of ammunition, three Gepard self-propelled anti-aircraft ...
15h
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 ...
devdiscourse
18h
Germany's Government Contemplates Support for Volkswagen Amid Job Cut Threats
Chancellor, Robert Habeck, revealed that the government is exploring ways to support Volkswagen, following the automaker's ...
20h
Germany to give additional €400 million of military aid to Ukraine
Germany expects to allocate an additional €400 million of military aid to Ukraine, according to a letter from Florian Toncar, ...
1d
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 ...
cryptonews
4h
Germany Shutters 47 Exchanges Over Alleged Illegal Operations
Germany’s public prosecutor announced on Thursday the shutdown of 47 exchange platforms, allegedly involved in illegal ...
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 ...
10h
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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