UniCredit's shares were down 1.5 percent by 1428 GMT. Mustier had first joined UniCredit to head its investment banking division in 2011, nearly two years after resigning from SocGen.

Spokespeople for the ECB, Commerzbank and UniCredit declined to comment. Shares in the German bank rose after Reuters' report to end the day up 1.6% at a 13-1/2 year closing high of 20.56 euros.

BERLIN, Dec 19 (Reuters) - Germany will not subject any potential takeover of Commerzbank (CBKG.DE) by Italy's UniCredit (CRDI.MI) to an investment screening, a German government source said on ...

The moves come after Chief Executive Andrea Orcel wrote to the new German government calling for talks over what UniCredit should do with the Commerzbank investment. Orcel wanted to show with the ...

Italy-based UniCredit S.p.A. (IT:UCG) has launched a bid worth $10.5 billion to acquire its rival Banco BPM (IT:BAMI) in a move to stabilize Europe’s banking industry. The bank made a voluntary ...

UniCredit's bad loans would be sold to two vehicles, one managed by Fortress Investment Group and the other by PIMCO. UniCredit would retain minority stakes in each. ($1 = 0.9403 euros) ...

Croatian holding company Fortenova said on Friday it signed a 550 million euro ($645 million) debt refinancing deal with ...

Italian lender UniCredit has launched a €10.1bn surprise offer for its smaller rival Banco BPM. The larger lender announced on Monday that it would offer 0.175 of its own shares for each share ...