EU commissioner, asked about UniCredit-Commerzbank, laments obstacles to European banks mergers

Core Viewpoint - The EU Commissioner for Financial Services expressed concerns regarding German resistance to UniCredit's attempts to acquire Commerzbank, highlighting the challenges in creating larger European banks [1] Group 1 - The resistance from Germany is seen as an obstacle to the consolidation of the banking sector in Europe [1] - The EU Commissioner lamented the difficulties faced in fostering the growth of larger European banks due to national interests [1]