UniCredit plots Commerzbank shake-up amid takeover pursuit

UniCredit has unveiled plans for a far-reaching shake-up of takeover target Commerzbank with the intention of transforming the German lender for a “new future-ready era.” Chief executive of UniCredit Andrea Orcel said in a conference call Monday that a “true combination” of UniCredit and Commerzbank would send “a clear signal”, creating a “country leader and…

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Virginia redistricting battle enters home stretch

Democrats’ effort to redistrict in Virginia is entering a domestic expansion as the party looks to make gains in four more House districts before the November midterms. Heavyweight donors have poured millions of dollars into an April 21 contest that asks Virginians to consider a constitutional amendment that would redefine the Old Dominion… Source link

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