Commerzbank's CEO Eyes Capital Restructuring Amidst Rising Competition from UniCredit

In a move signaling strategic maneuvering within the European banking sector, the CEO of Commerzbank, Manfred Knof, has announced plans to free up capital as the bank seeks to bolster its competitive stance against increasingly aggressive rivals, particularly UniCredit. The announcement comes at a time when Commerzbank is also focusing on maintaining stability and growth amidst an evolving financial landscape.

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