(ANSA) - Milan, May 14 - Italy's biggest bank by market
capitalisation UniCredit on Tuesday hired the Lazard and
JPMorgan investment banks to act as advisers on a possible bid
for German bank Commerzbank.
Commerzbank shares rose 5.3% on the news.
UniCredit hires Lazard, JPMorgan for Commerzbank bid
German bank shares surge on news