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Merz Backs Commerzbank Independence in Letter to Works Council

Summary by Bloomberg
German Chancellor Friedrich Merz reaffirmed he wants Commerzbank AG to remain independent and opposes a takeover by the Italian lender UniCredit SpA.

13 Articles

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Left
4
Center
3
Right
Center

The Registrar writes to the Bank's Works Council: "We take very seriously the fears you have expressed.

·Italy
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Center

Federal Chancellor Merz has opposed the plans of the Italian Unicredit to take over the Commerzbank in Frankfurt.

·Germany
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Lean Left

The chancellor writes to workers' representatives on the supervisory board: "We take your concerns very seriously." Tomorrow Orcel speaks ...

·Turin, Italy
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Lean Left

No. Not going to happen. That, in short, is what Chancellor Friedrich Merz said about the proposed takeover by the Italian bank Unicredit…

·Netherlands
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Bias Distribution

  • 57% of the sources lean Left
57% Left
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Sueddeutsche Zeitung broke the news in Munich, Germany on Tuesday, June 10, 2025.
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