UniCredit CEO Andrea Orcel Talks Commerzbank Deal

Andrea Orcel, CEO of UniCredit SpA, discusses his thoughts on a potential hostile takeover of Commerzbank AG. He outlines the timeline for assessment and highlights the bank's solid financial footing. Orcel also delves into projections of record profits and the implications of their sizable investments, particularly in Generali and Banco BPM. He navigates the intricate landscape of banking acquisitions, addressing regulatory challenges and the importance of technological investment for operational efficiency as UniCredit considers its strategic growth.