Finance

Commerzbank Set to Have First Meeting With UniCredit Tomorrow

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Incoming Commerzbank AG Chief Executive Officer Bettina Orlopp said the lender’s leadership will have a meeting with UniCredit SpA on Friday as the Italian lender prepares a potential takeover.

That will be the first encounter since UniCredit started building a major stake in the German lender earlier this month, Orlopp said at an investor conference hosted by Bank of America.