Unicredit CEO says is not interested in buying Commerzbank

FRANKFURT Wed Sep 4, 2013 8:17am EDT

People walk past UniCredit Bank branch in Riga February 13, 2012. REUTERS/Ints Kalnins

People walk past UniCredit Bank branch in Riga February 13, 2012.

Credit: Reuters/Ints Kalnins

Related Topics

FRANKFURT (Reuters) - Unicredit (CRDI.MI) Chief Executive Federico Ghizzoni said the Italian lender would not bid for German competitor Commerzbank (CBKG.DE).

Speaking at a banking conference in Frankfurt on Wednesday Ghizzoni was asked if he had any interest in buying Germany's second-largest lender.

"We are not interested in Commerzbank," Ghizzoni told reporters.

(Reporting by Edward Taylor)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.