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Tag: 039attack039

Germany's Scholz slams UniCredit 'attack' on Commerzbank, stiffening opposition – Yahoo Finance

By Valentina Za, Tom Sims and Andreas Linke MILAN/FRANKFURT (Reuters) – German Chancellor Olaf Scholz has denounced UniCredit's move to take a 21 percent stake in rival Commerzbank to become its largest investor as an “unfriendly attack”, in a sign of growing hostility towards Italian banks. Anger from German authorities over UniCredit's use of derivatives […]

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