German Banking on Thin Ice as UniCredit Closes In The news that UniCredit is poised to make a takeover bid for Commerzbank has sent shockwaves through Germany's banking sector. The Italian bank's 47.
6% stake in its German counterpart raises serious questions about the future of Germany's second largest lender.
Commerzbank has struggled for years to regain its footing after the financial crisis, hindered by bureaucratic red tape and internal conflicts.