Germany is considering introducing a law to protect domestic banks from cross-border takeovers, Italian newspaper La Repubblica reported on Sunday, as...
MILAN - Germany is considering introducing a law to protect domestic banks from cross-border takeovers, Italian newspaper La Repubblica reported on Sunday, as Italy's UniCredit seeks a merger with Germany 's Commerzbank .
The German government could follow the example of Poland which has a law preventing foreign lenders from buying 100% of any Polish bank and requires them to remain listed on the Warsaw Stock Exchange, La Repubblica said, citing a source close to the matter.Eton headmaster’s pay rises £100k as Labour VAT raid looms
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