UniCredit CEO Andrea Orcel Talks Commerzbank

Andrea Orcel, the Chief Executive Officer of UniCredit SpA, delves into the landscape of European banking, clarifying that acquiring Commerzbank AG isn't his priority. He discusses the impact of regulatory changes on the banking sector and the challenges posed by American banks. Orcel also navigates recent job reductions at UniCredit and highlights the importance of employee training. He emphasizes strategic approaches to mergers and acquisitions, while touching on the significance of transparency in financial collaborations.