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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.

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.

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

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

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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