Bafin Orders Unicredit to Remove Ads Criticizing Commerzbank in Takeover Fight
Bafin has ordered Unicredit to remove online advertisements that criticized Commerzbank as neglected, insecure and short-term oriented, marking an unusual regulatory intervention in a cross-border bank takeover battle. The ads, which ran alongside a conference call where Andrea Orcel promoted a takeover and attacked Commerzbank’s leadership, portrayed the Frankfurt-based lender under UniCredit control as strong, … Weiterlesen …
