Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled feathers in Berlin with ...

Italy's UniCredit bank said on Tuesday it would not rush a possible takeover of German rival Commerzbank and was willing to walk away but would wait first for the German election's outcome.

UniCredit said the added investment would not affect its bid for Italy's number three bank Banco BPM -- which has also sparked some resistance in Italy. Commerzbank declined to comment on the ...