
Commerzbank CEO vows to block UniCredit takeover
Source: Pexels UniCredit recently acquired a 21% stake in Commerzbank, signalling interest in further investment and reigniting speculation about consolidation within Europe’s banking sector. However, a larger takeover attempt could face significant resistance, including political and union opposition in Germany, as well as internal pushback from some within Commerzbank, raising concerns about the feasibility of…