Commerzbank’s Former CEO Met Orcel After UniCredit Bought Stake

Commerzbank AG’s former Chief Executive Officer Manfred Knof had a private meeting with UniCredit SpA CEO Andrea Orcel in September of last year, shortly after the Italian bank disclosed it...

By Sonia Sirletti, Arno Schuetze · Bloomberg Markets

Commerzbank AG’s former Chief Executive Officer Manfred Knof had a private meeting with UniCredit SpA CEO Andrea Orcel in September of last year, shortly after the Italian bank disclosed it had taken a stake in Commerzbank, according to people familiar with the matter.