UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

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UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images UniCredit CEO Andrea Orcel told CNBC Tuesday that he does not …

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images UniCredit CEO Andrea Orcel told CNBC Tuesday that he does not foresee a future where the Italian lender fully controls Commerzbank . Orcel's comments came as the Italian lender's tender offer to raise its stake in the German bank kicks off. …

Original source: CNBC Top News

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