FRANKFURT (Reuters) – Commerzbank’s management and supervisory board is responsible for deciding the lender’s next steps after Italian rival Unicredit became its largest private shareholder, German Finance Minister Christian Lindner said on Wednesday.
The German government holds a 12% stake in the country’s second-largest lender and has faced calls to act on Unicredit’s enlarged holding in the bank.
(Reporting by Tom Sims; Writing by Thomas Escritt; Editing by David Goodman)
