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Commerzbank

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Unicredit CEO eyes acquisitions in Germany -Handelsblatt

BERLIN, Sept 20 (Reuters) - UniCredit CRDI.MI is eyeing acquisitions in Germany as part of plans by Italy's second-biggest bank to become a fully developed European bank, Chief Executive Andrea Orcel told German daily Handelsblatt on Tuesday. "A significant increase in our market share in Germany would be good for Unicredit as a whole," he said, according to the paper, adding that mergers and acquisitions could be an accelerator and create added value under the right conditions.
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German finance minister damps speculation of sale of Commerzbank stake

FRANKFURT, Sept 8 (Reuters) - German finance minister Christian Lindner on Thursday sought to damp speculation about the government's stake in Commerzbank CBKG.DE that it acquired during a bailout more than a decade ago. Lindner, speaking at a conference in Frankfurt, said no quick decisions about the stake were needed and that it was not the time for speculation about the holding.
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Now not time to speculate about government's Commerzbank stake - German Fin Min

FRANKFURT, Sept 8 (Reuters) - German finance minister Christian Lindner said on Thursday that now is not the moment to speculate about the government's stake in Commerzbank CBKG.DE . The federal government is the bank's largest shareholder, and Lindner, speaking at a conference in Frankfurt, said no quick decisions about the stake were needed. Repo
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Top European bankers warn on recession, China and U.S. banks

* Deutsche Bank CEO: Germany must be less dependent on China * Deutsche Bank CEO: Germany will go into recession * UniCredit CEO sees shallow recession * UniCredit CEO: Too much domestic consolidation bad * BaFin president: Studying energy-related credit risks FRANKFURT, Sept 7 (Reuters) - Deutsche Bank DBKGn.DE chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable risk for the nation and that Europe needed big banks to fen
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UniCredit CEO sees "shallow" recession ahead

FRANKFURT, Sept 7 (Reuters) - UniCredit CRDI.MI Chief Executive Andrea Orcel said on Wednesday Italy's second biggest bank expected a "relatively shallow" recession in Europe followed by a rebound in 2024 or later. Speaking at a financial conference in Frankfurt, Orcel said the European Central Bank (ECB) was in a difficult position having to strike the right balance between fighting inflation "without killing the economy".
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