Commerzbank CEO 'taken aback' by UniCredit claims

June 15, 2026 5:55 AM EDT

FILE PHOTO: People walk past logos of Commerzbank at a branch as Italy's UniCredit launches an unsolicited bid to increase its stake above 30% in Commerzbank, crossing the mandatory 30% takeover threshold under German law, in Cologne, Germany, March 16, 2

FRANKFURT, ‌June 15 (Reuters) - ​Commerzbank CEO ​Bettina Orlopp ‌said on Monday that ⁠the bank ‌was "taken aback" by ‌UniCredit's allegation earlier in the ​day that it ⁠was misleading the public.

"We ​have, of course, simply presented the ​facts, and ‌we will continue to ⁠do so, because we ⁠are the only ​ones who actually have access to them," ‌Orlopp said at a ‌financial ⁠conference.

(Reporting by ‌Tom ​Sims, editing by Thomas ‌Seythal)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters