UniCredit: Commerzbank is not sufficiently prepared to face challenges

As a major shareholder, UniCredit believes that Commerzbank is inadequately prepared for future challenges and is overly focused on delivering short-term results. UniCredit suggests that Commerzbank should adjust its strategic positioning to align with future development, accelerate revenue growth, and focus on business investment and digital transformation. The bank disclosed that Chief Executive Officer Andrea Orcel will hold a conference call at 9:00 am Central European Time on April 20 (UTC+8).