Commerzbank AG at Barclays Global Financial Services Conference Transcript
Okay. We're going to start, so we can be on time. So hello, everyone. I'm Flora Bocahut, I head the European banks research here at Barclays. I'm very happy to have with me today Bettina Orlopp, who's CEO of Commerzbank. Thank you for being with us.
So we are going to go through a few questions. There will be time then for the audience here to ask a few questions. And then we will also put you to work. We have also three questions we're asking in every fireside patients to bear with us.
Questions & Answers
So let's start -- I think let's start with the obvious big topic of the moment, the M&A situation between Commerzbank and UniCredit. So UniCredit currently owns just below 30% in Commerzbank. They will be closer to 50% ownership once the offer setters, which is later this year or early next year. Once UniCredit effectively own the majority stake, what do you expect the next steps will be?
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