Commerzbank CEO says it's up to management on any UniCredit tie-up
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Commerzbank's CEO, Bettina Orlopp, stated that the decision regarding any potential merger with Italy's UniCredit lies with the bank's management, not the government.
November 22, 2024 | 9:00 am
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Commerzbank's CEO has clarified that the decision on a potential merger with UniCredit is up to the bank's management, not the government.
The statement by Commerzbank's CEO suggests that any merger decision is internally driven, which may reassure investors about the bank's autonomy. However, no immediate action or decision has been announced, leading to a neutral short-term impact.
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