Chairman Commerzbank denounces the reports of dissatisfaction of the board of directors about the CEO



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FILE PHOTO: A billboard for a Commerzbank ATM is visible next to the Deutsche Bank (R) headquarters in Frankfurt, Germany, on March 19, 2019. REUTERS / Kai Pfaffenbach / File Photo

FRANKFURT (Reuters) – The chairman of the supervisory board of Commerzbank Thursday criticized the dissatisfaction of the board with the chief executive of the bank.

"Rumors and speculation about staff changes are fabricated," bank president Stefan Schmittmann said in a statement sent to Reuters.

"Such allegations are irresponsible and unworthy of discussion," he said.

Tom Sims report; edited by Thomas Seythal

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