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๐ฉ๐ช ๐ฎ๐น ๐ฆ Germany weighs law to block foreign bank takeovers amid UniCredit-Commerzbank merger talks Tickers of interest: $CBK $CRDI The potential law, modeled after Poland's banking protections, could limit foreign ownership and ensure that banks remain listed on domesticโฆ https://t.co/0Pom12rS2G
If a German bank was trying to take over a bank in another European country you can rest assured Germany would have screamed about how Europe unified markets rules didnโt allow single countries to pass laws to undermine it. https://t.co/ghjHjgQg8v
Germany mulls law to protect banks from foreign takeovers, Italian newspaper says https://t.co/SeAooveVVZ
Germany is considering a law to protect its banks from foreign takeovers, according to an Italian newspaper. This potential legislation comes amid ongoing merger talks between UniCredit and Commerzbank. The proposed law, which is modeled after Poland's banking protections, aims to limit foreign ownership and ensure that banks remain listed on domestic exchanges. Tickers of interest include $CBK and $CRDI.