Is Unicredit about to kickstart a wave of European bank mergers? Banking UniCredit is facing stiff opposition from the German government amid speculation that it could launch a multibillion-euro takeover bid for Frankfurt-based Commerzbank.
Russian court seizes assets from UniCredit, Deutsche Bank and Commerzbank Banking A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed.