Entries tagged "Commerzbank"
Young Merckle has refinanced debt and hopes to sell assets. Success is far from assured, but he's not standing still. Several of his family's companies have caught the eye of both strategic and private equity investors.
Some thought Kroes would cede moral and even legal authority for the duration of the financial crisis, but that hasn't happened.
The German government changes course and takes direct bank stakes. More capital injections are likely.
Most German banks have resisted the government bailout, but probably not for much longer.
