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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
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.
devdiscourse
20h
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 ...
newarab
1d
Germany denies it has stopped approving war weapons exports to Israel
After reports saying Germany has stopped approving war weapons exports to Israel, Germany has since denied it.
Reuters
22h
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, ...
1h
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 ...
Malaysia Sun
1h
Germany launches crackdown on borders against illegal migrants
Germany has begun conducting random checks at its borders with five Western European nations as part of a broader effort to ...
16h
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 ...
22h
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 ...
EconoTimes
9d
Shein, Temu Under Fire in Germany as Government Cracks Down on Unsafe Products and Unfair Trade
Germanys Federal Ministry of Economics is intensifying its focus on Shein and Temu, aiming to enforce stricter regulations on ...
12h
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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