In Europe

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Commerzbank open to negotiating its takeover by UniCredit

The growing shareholder support secured by the Italian bank makes it necessary to initiate a “constructive and transparent” dialogue. Reported by the Consejeros Editorial Team After months of trying to resist, Commerzbank has agreed to open talks with UniCredit regarding a potential takeover. The growing shareholder support secured by the Italian bank makes it necessary to initiate a “constructive and transparent” dialogue to protect the interests of shareholders, employees and…

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Palacio de la Bolsa de Madrid

ETFs domiciled in Europe growing at breakneck pace, with net inflows of $257,500 million in first half of year

By the Consejeros Editorial Team Flows into ETFs domiciled in Europe remained largely stable throughout the second quarter of the year, totalling $42.2 billion in April, $44.3 billion in May and $46.1 billion in June. The net total, at $132.5 billion, sets a new quarterly record, surpassing the $125 billion recorded in the first quarter of this year. The net total of $132.5 billion sets a new quarterly record, surpassing…