Commerzbank could buy UniCredit's HVB as part of bank tie-up, CEO says

Commerzbank CEO Bettina Orlopp said the bank could potentially acquire UniCredit's German subsidiary HVB through a share-based transaction as the two banks explore a possible merger. The potential restructuring would consolidate German banking assets and could be material for both Commerzbank and UniCredit, though no transaction terms or agreement were disclosed.