Commerzbank Set to Have First Meeting With UniCredit Tomorrow

By Bloomberg (Politics) | Created at 2024-09-26 09:21:51 | Updated at 2024-09-30 11:26:49 4 days ago
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September 26, 2024 at 4:12 AM EDT

Incoming Commerzbank AG Chief Executive Officer Bettina Orlopp said the lender’s leadership will have a meeting with UniCredit SpA on Friday as the Italian lender prepares a potential takeover.

That will be the first encounter since UniCredit started building a major stake in the German lender earlier this month, Orlopp said at an investor conference hosted by Bank of America.

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