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Commerzbank CEO links future to board strategy

Commerzbank CEO Bettina Orlopp confirmed talks with UniCredit and stated her term depends on board alignment. She warned against rushed integration and urged close coordination with Berlin.

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Bettina Orlopp, CEO of German bank Commerzbank, which is fending off a possible takeover by Italy's UniCredit, looks on during a media statement, in Frankfurt, Germany, February 11, 2026. REUTERS/Thilo Schmuelgen

COMMERZBANK AG CEO Bettina Orlopp confirmed direct talks with UNICREDIT SPA on Wednesday afternoon, noting her term through 2029 depends on board alignment. The discussions follow UniCredit securing access to up to 49.65% of Commerzbank shares. The takeover defense comes as Germany retains a 12% stake from its financial crisis bailout.
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