Two EU Banks Discuss Merger Worth $20 Billion
Article Abstract:
The European Union is promoting cross border corporate consolidation and regulations that prevent banking industry consolidation into global companies are crumbling. Unicredito Italiano S.p.A. of Italy is in negotiations to acquire HVB Group AG of Germany for $20 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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German probe scrutinizes Commerzbank CEO
Article Abstract:
Chief Executive Officer Klaus-Peter Mueller of Commerzbank AG of Germany is being investigated by German authorities for alleged money laundering. The illegal activity being investigated involves the privatization of Russian telecommunication assets in the late 1990's.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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