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Germany warming to UniCredit-MIL deal could boost European bank consolidation

TradingView News says Germany is tilting toward a deal with UniCredit’s CEO Andrea Orcel taking over Commerzbank, which could prompt other European nations and banks to warm to further consolidation.

UCGJPM

By Jesús Aguado and Amy-Jo CrowleyGermany's tilt towards a deal with UniCredit's MIL:UCG CEO Andrea Orcel to take over Commerzbank, after years of his manoeuvring, could prompt other European nations and banks to warm to further banking consolidation.Until now Germany has pushed back against a take…