UniCredit will not ask for a board seat at Commerzbank, according to its chief executive, despite the Italian lender potentially becoming the German bank’s largest shareholder with a 21 per cent stake ...
UniCredit CEO Andrea Orcel's stakebuilding in Commerzbank has provoked strong opposition from Germany's political establishment. Despite few legal options to thwart Orcel's ambitions, German ...
UniCredit CEO Andrea Orcel says he won’t seek a supervisory board seat at Commerzbank. "We are an investor. Number one, I usually do not believe in investors having board seats," Orcel said at a ...