Commerzbank CEO Vows to Boost Profits to Parry UniCredit Bid

Commerzbank AG Chief Executive Officer Bettina Orlopp vowed to boost earnings in an effort to demonstrate the bank is better on its own, a day after receiving a takeover bid...

By Anna Edwards, Arno Schuetze, Nicholas Comfort · Bloomberg

Commerzbank AG Chief Executive Officer Bettina Orlopp vowed to boost earnings in an effort to demonstrate the bank is better on its own, a day after receiving a takeover bid from UniCredit SpA.