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Cerberus has "serious doubts" about candidate for Commerzbank chair

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Tom Sims Reuters
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Credit: REUTERS/Ralph Orlowski

Cerberus, one of the largest investors in Germany's Commerzbank, said it had "serious doubts" about a candidate to take over the chair of the lender's supervisory board, Hans-Joerg Vetter.

FRANKFURT, Aug 3 (Reuters) - Cerberus, one of the largest investors in Germany's Commerzbank, said it had "serious doubts" about a candidate to take over the chair of the lender's supervisory board, Hans-Joerg Vetter.

Cerberus made the comments in a letter dated Aug. 2 ahead of a Monday meeting of the German lender's board to discuss the role.

(Reporting by Tom Sims; editing by Thomas Seythal)

((Tom.Sims@thomsonreuters.com; +49 69 7565 1242;))

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