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HomebedrijfCaught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid...

Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment – CNBC

UniCredit’s surprise move to merge with Frankfurt-based Commerzbank has seemingly blindsided German authorities, raising concerns about a potential national embarrassment. CNBC reports that Italy’s leading bank, UniCredit, is contemplating a multibillion-euro deal, leaving Berlin scrambling for a response.