Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, warning that two-thirds of the jobs at the German lender could be cut in a ...
Commerzbank's supervisory board is considering appointing CFO Bettina Orlopp to lead merger talks with UniCredit. The Italian bank recently acquired a 9% stake in Commerzbank, prompting the ...