Berlin Seeks UniCredit Commerzbank Pledges
German officials expect UniCredit to guarantee jobs and domestic headquarters as the Italian lender moves toward control of Commerzbank. Berlin wants assurances that the lender will continue financing mid-sized businesses.
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UNICREDIT SPA faces mounting pressure from Germany to secure jobs and maintain local financing commitments as it advances a takeover of COMMERZBANK AG by acquiring nearly half of its share capital.
