Despite an openness to cross-border mergers, Germany has pushed back against talk of the Italian lender UniCredit’s acquiring Commerzbank.
Category: Commerzbank
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Talks Between European Banks May Kick-Start More Cross-Border Deals
Investors are cheering a possible tie-up between UniCredit of Italy and Germany’s Commerzbank, but politics may stand in the way.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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Troubles at Silicon Valley Bank Rock the Global Stock Market.
The New York Times – Business:Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.