The ongoing conflict between Germany and Italy's UniCredit over the latter's attempt to acquire Commerzbank has intensified, culminating in Germany's firm response to what it deems an 'unfriendly' bid. The German government has made it clear that it will not increase its stake in Commerzbank, and Finance Minister Christian Lindner emphasized that the move has rattled investors. In a significant shift, Commerzbank has appointed Bettina Orlopp as its first female CEO, tasked with navigating the bank through this turbulent period. As UniCredit increases its stake to 21% and applies for further acquisition rights, tensions rise amid fears of potential job losses and a challenge to Germany's financial independence. Both nations are at odds, with Germany expressing skepticism and asserting its desire for the greatest possible independence for Commerzbank amidst the looming threat of a hostile takeover.