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German Finance Minister Coordinates Stance on Commerzbank Takeover with Hesse, Frankfurt Leaders

MT Newswires·10/08/2026 11:16:16
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11:16 AM EDT, 10/08/2026 (MT Newswires) -- Germany's finance minister is seeking a common stance with his counterparts in the state of Hesse and the city of Frankfurt on UniCredit's (UCG.MI) takeover of Commerzbank (CBK.F), Bloomberg News reported Thursday. Speaking on the sidelines of the Eurogroup meeting in Luxembourg, Finance Minister Lars Klingbeil said he presented his position with Hesse Minister-President Boris Rhein and Frankfurt Mayor Mike Josef before meeting with UniCredit Chief Executive Officer Andrea Orcel last September.