Commerzbank CEO Vows to Boost Profits to Parry UniCredit Bid

Commerzbank AG Chief Executive Officer Bettina Orlopp vowed to boost earnings in an effort to demonstrate the bank is better on its own, a day after receiving a takeover bid from UniCredit SpA.

“We are currently thinking about accelerating” the process of raising Commerzbank’s profitability, Orlopp said in a Bloomberg TV interview on Tuesday in London. “That is in the interest of all shareholders.”