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UniCredit's Andrea Orcel moves to seize control of Commerzbank within months, FT reports

UniCredit's Andrea Orcel moves to seize control of Commerzbank within months, FT reports

- UniCredit's CRDI.MI boss Andrea Orcel is preparing to seize control of German lender Commerzbank CBKG.DE and overhaul its supervisory board as early as January, the Financial Times reported on Tuesday, citing people familiar with the matter.

Reuters could not immediately verify the report.


(Reporting by Abu Sultan in Bengaluru; Editing by Janane Venkatraman)

((Abu.Sultan@thomsonreuters.com;))

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