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Commerzbank Prepares UniCredit Defense, ECB Decision Day | The Opening Trade 09/12
Posted
September 12, 2024
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1:36:54Now PlayingCommerzbank is reviewing its defense strategy as it prepares for a potential takeover approach by UniCredit. The European Central Bank is set to lower interest rates again, but will remain tight-lipped on the pace and extent of further action with inflation not yet fully defeated. The largest US banks will see a 9% increase in capital requirements vs. the initial 19%, under a plan laid out by Federal Reserve Vice Chairman Michael Barr. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
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