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Market Chatter: UniCredit, Commerzbank Chiefs Said to Hold Takeover Talks

MT Newswires·07/23/2026 09:57:50
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09:57 AM EDT, 07/23/2026 (MT Newswires) -- The chief executive officers of UniCredit (UCG.MI) and Commerzbank (CBK.F) are set to hold talks over the Italian bank's potential takeover of its German peer, Bloomberg News wrote Thursday, citing people familiar with the matter. UniCredit CEO Andrea Orcel and Commerzbank CEO Bettina Orlopp are said to be holding a video call after the German bank's results on Aug. 6, with sources saying it could pave the way for more substantive negotiations. Orlopp is also expected to coordinate her position with the German government. The banks did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)