Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC’s Annette Weisbach that “we certainly hope we can avoid” a hostile takeover by the Italian bank.
German lender Commerzbank appointed finance boss Bettina Orlopp as its new chief executive on Tuesday as UniCredit's move for the bank was given a hostile reception in Germany. Orlopp, 54 ...