ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
- Posted on September 30, 2024
- By International Business Times
- 2 Views
ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk
ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.