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Commerzbank CEO, staff rally to fend off UniCredit

Bangkok Post

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May 16, 2025

Commerzbank’s chief executive and hundreds of employees voiced support for the German lender's standalone strategy as its shareholders met yesterday, stepping up efforts to fend off advances by Italy's UniCredit.

- TOM SIMS MATTHIAS INVERARDI TILMAN BLASSHOFER

Commerzbank CEO, staff rally to fend off UniCredit

About 200 Commerzbank employees gathered outside the venue of the annual shareholder meeting, carrying placards saying “strong and standalone” and “no to UniCredit”.

“We are focussing on ourselves and our independent strategy,” Commerzbank CEO Bettina Orlopp told Reuters shortly before the start of the meeting. “That is the most important thing.”

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