Commerzbank CEO to Step Down, Finance Chief Bettina Orlopp Named Successor
The German bank said that early this month Manfred Knof informed Jens Weidmann, chairman of the supervisory board, of his decision not to seek a second term as the bank’s CEO.
Commerzbank Taps ‘Loyal Soul’ Orlopp to Lead UniCredit Fight
Bettina Orlopp has been waiting in the wings for more than four years. With Commerzbank AG scrambling to fend off an unwelcome suitor, her rise to the top has taken a sudden and dramatic twist.The lender’s supervisory board on Tuesday appointed Orlopp as the next chief executive officer,
Commerzbank appoints CFO Orlopp as CEO as UniCredit builds up stake
Bettina Orlopp will take over as chief executive officer of Germany's Commerzbank in the near future, the bank announced on Tuesday, making her one of the country's highest-profile bankers during a tumultuous time for its No.
New Commerzbank CEO expected to fight a potential UniCredit takeover
Commerzbank on Tuesday announced its new chief executive would be Bettina Orlopp, who is expected to fight a possible takeover of the German bank by Italy’s UniCredit. Orlopp, currently Commerzbank’s chief financial officer, will succeed existing chief executive Manfred Knof “in the near future”, Germany’s second-largest listed lender said.
Commerzbank fights for its life amid apparent UniCredit reversal
The German bank named its next CEO on Tuesday. The lender’s board decried a sudden buy-up of stock by Italy’s UniCredit, which may be looking for a cross-border path to take on Wall Street.
Commerzbank Names Orlopp as CEO as Possible UniCredit Bid Looms
Commerzbank AG appointed Bettina Orlopp to replace departing Chief Executive Officer Manfred Knof as it contends with a possible takeover approach from rival UniCredit SpA.Most Read from BloombergEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesUnlocking the Hidden Power of Zoning,
Commerzbank appoints Bettina Orlopp as CEO as UniCredit builds up stake
Bettina Orlopp will take over as chief executive officer of Germany's Commerzbank in the near future, the bank announced on Tuesday. The development comes as the bank fends off advances from Italian bank UniCredit,
UniCredit eleva sorpresivamente su participación en Commerzbank
El director ejecutivo de UniCredit SpA, Andrea Orcel, sorprendió al mercado al duplicar con creces la participación del banco que dirige en Commerzbank AG, una maniobra que probablemente aumente las tensiones con el gobierno alemán.
UniCredit Buys Further 11.5% Stake In Commerzbank, Totaling 21%
Italian lender UniCredit SpA (UCG, UNCFF.PK) announced Monday that it has entered into financial instruments relating to around 11.5
Commerzbank officials threaten bitter fight with UniCredit
By Tom Sims and John O'Donnell FRANKFURT (Reuters) -Commerzbank supervisory board members on Tuesday voiced fierce opposition to any takeover of the German bank by Italy's UniCredit, personally attacking UniCredit's CEO Andrea Orcel and vowing they were in for a long fight.
UniCredit reaches deal to boost Commerzbank stake
UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.
Commerzbank picks new boss as UniCredit's move given cool response
German lender Commerzbank appointed finance boss Bettina Orlopp as its new chief executive on Tuesday as UniCredit's move for ...
Financial Shares Hit By Visa Suit -- Financials Roundup
Financial company shares fell after the Justice Department sued Visa for antitrust violations, alleging the company used illegal tactics to maintain a monopoly in debit-card payments.
Commerzbank chief Manfred Knof to leave after single term
Commerzbank chief executive Manfred Knof will leave Germany’s second- largest listed lender next year after completing a ...
Commerzbank Lays Foundation for Leadership Transition
Commerzbank Aktiengesellschaft (CZB) Commerzbank Lays Foundation for Leadership Transition 24-Sep-2024 / 19:29 CET/CEST The issuer is solely responsible for the content of this announcement.
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO tells paper
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Opposition within the German government to a potential takeover of Commerzbank by UniCredit is solidifying, amid anger at the way the Italian bank acquired its 9 per cent stake and concern over ...
EQS-News: Commerzbank Lays Foundation for Leadership Transition
EQS-News: Commerzbank Aktiengesellschaft / Key word (s): Personnel Commerzbank Lays Foundation for Leadership Transition 24.09.2024 / 19:27 CET/CEST The issuer is solely responsible for the content ...