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EU Competition Chief Warns Governments Not to Stymie Bank Deals

EU Competition Chief Warns Governments Not to Stymie Bank Deals
Bloomberg Markets Wednesday 24 June 2026, 09:37 UTC By Peter Chapman, Guy Johnson, Tom Mackenzie 1 min read
Key Points

EU Competition Chief Warns Governments Not to Stymie Bank Deals The European Union’s competition chief has warned nations against overusing tactics such as citing security risks to stymie bank deals needed to boost the economy. Cross-border mergers that help the single market “should be welcome,” Teresa Ribera said in an interview with Bloomberg TV, in response to a question on Germany’s resistance to a takeover of Commerzbank AG by Italy’s UniCredit Spa.

EU Competition Chief Warns Governments Not to Stymie Bank Deals The European Union’s competition chief has warned nations against overusing tactics such as citing security risks to stymie bank deals needed to boost the economy. Cross-border mergers that help the single market “should be welcome,” Teresa Ribera said in an interview with Bloomberg TV, in response to a question on Germany’s resistance to a takeover of Commerzbank AG by Italy’s UniCredit Spa.
EU Competition (ORG) The European Union’s (ORG) Teresa Ribera (PERSON) Bloomberg TV (ORG) Germany (LOCATION) Commerzbank AG (ORG) Italy (LOCATION) UniCredit Spa (ORG)
Originally published by Bloomberg Markets Read original →

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