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Banken: Unicredit kommt Übernahme der Commerzbank einen Schritt näher

Die Bafin hat den Antrag auf eine Mehrheitsbeteiligung als vollständig eingestuft. Nun prüft die EZB den Einstieg von Unicredit in die nächste Phase.

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Banken: Unicredit kommt Übernahme der Commerzbank einen Schritt näher

Frankfurt - The gradual takeover of Commerzbank by Unicredit has cleared an important regulatory hurdle. The German financial watchdog Bafin informed the Italian bank that its application for a majority stake in Commerzbank can be further processed. Bafin notified Unicredit at the end of July that the application to increase its share in Commerzbank is complete.

The ECB is primarily responsible for overseeing Unicredit and Commerzbank. However, the Bafin first takes charge of the ownership control procedure, providing the ECB with a preliminary assessment and suggesting a decision. The final decision then lies with the ECB. Since Unicredit and Commerzbank have been under ECB supervision for years, all parties assumed from the start that the supervisory authority would approve the Italian bank's increase in its share.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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