Commerzbank Raises Outlook as Orlopp Steps Up UniCredit Defense

Corroborated by 5 sources from 5 publishers

globalbusiness18h ago

TL;DR

Commerzbank to Cut 3,000 Jobs as CEO Orlopp Steps Up Defense watch now Commerzbank CEO: expect Unicredit to accept premium for shareholders Commerzbank CEO Bettina Orlopp outlines the bank's expectations amid ongoing deal talks with Unicredit. Speaking to CNBC's Annette Weisbach, the boss of the German lender also announced 3,000 job cuts in a bid to reach profit targets. 07:56 43 minutes ago Commerzbank raises 2026 profit target, sets 21% return goal Commerzbank will defend the interests of its shareholders amid its ongoing takeover tussle with Italy's UniCredit, the German lender's CEO Bettina Orlopp said Friday.

Sources