UniCredit control of Commerzbank nears ECB approval

Bloomberg · 5 hours ago
UniCredit control of Commerzbank nears ECB approval
  • Commerzbank CEO Bettina Orlopp said the European Central Bank is set to grant UniCredit control of Commerzbank in the next days or weeks.
  • The approval would pave the way for Italian lender UniCredit to take control of German rival Commerzbank.
  • Orlopp also discussed Commerzbank's Asia business in an interview with Bloomberg.

Quotes

“in the next days or weeks”— Bettina Orlopp

Sources