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UniCredit gets ECB nod on Commerzbank stake

ECB authorizes UniCredit to up Commerzbank stake to 29.9%

UniCredit said on Friday it has received the European Central Bank's authorization to acquire a direct stake in Commerzbank of up to 29.9%. "While the approval underscores UniCredit's financial strength and regulatory compliance,

Bloomberg on MSN · 1d

UniCredit Gets ECB Nod to Own Up to 29.9% of Commerzbank

UniCredit SpA cleared an important hurdle for a potential takeover of Commerzbank on Friday, but it also raised fresh doubts whether the deal will actually ever happen.

DPA International on MSN · 1d

ECB allows Italy's UniCredit to up stake in Commerzbank to 29.9%

The European Central Bank (ECB) has authorized Italian banking group UniCredit SpA to increase its direct stake in German lender Commerzbank to 29.9%, UniCredit said on Friday. UniCredit said there are still many factors that will determine any further steps and their associated timeline.

ECB to Simplify Method for Setting Banks’ Capital Requirements

The European Central Bank said it will roll out a new, simpler method for setting capital requirements for individual lenders ...

ECB cuts key lending rate but warns of ‘phenomenal uncertainty'

The central bank, however, mentioned "phenomenal uncertainty" such as the risks of a global trade war and rising defence ...

Independent.ie9d

ECB reduces rates for sixth time putting pressure on lenders to cut new fixed rates

Pressure is set to come on banks and other lenders to again lower their mortgage rates after the European Central Bank cut its interest rates for the sixth time in recent months. The ECB reduced ...

India Inc files ECB intents worth $4 billion with RBI in January 2025

NMDC Data Centre Private Ltd filed ECB papers to raise $175 million with a maturity period of three years for local sourcing ...

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