Germany Stays Cool to an Italian Bank’s Come-On
Plus: Waiting to see rate cuts in the real world, and how a British toy brand became a Gen Z obsession.
A Commerzbank branch in Frankfurt.
Photographer: Krisztian Bocsi/BloombergGermany’s Commerzbank has been in the news over the past few weeks as it draws interest from Italian bank UniCredit. Bloomberg’s Nicholas Comfort in Frankfurt writes about how, money aside, there’s national pride at stake. Plus: Why it takes time for Fed rate cuts to work their magic and how Jellycat toys went viral.
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