Commerzbank Appoints Orlopp as CEO, US Investigates SAP for Price-Fixing | The Opening Trade 09/25

Commerzbank taps its CFO Bettina Orlopp to lead the fight against UniCredit. US Justice Department lawyers are looking at whether SAP, the most highly capped stock in Germany, illegally conspired with product reseller Carahsoft to fix prices on sales. US consumer confidence unexpectedly fell in September by the most in three years on concerns about the labor market and the outlook for the broader economy. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. Chapters: 00:00:00 - intro 00:01:24 - The Agenda: Commerzbank's New CFO, US Consumer Confidence Slips, US Probes Tech Firms 00:11:47 - ECB's Villeroy Says France Must Deal with Debt Problems 00:24:08 - CBRE UK's Nick Knight on Commercial Real Estate 00:38:42 - Stocks to Watch: Commerzbank, SAP, RightMove 00:42:05 - China Cuts One-Year Policy Rate by Most Ever in Stimulus Drive 00:46:14 - European Market Open, Northern Trust's Bahugana on Where to Invest 01:06:10 - UniCredit's Orcel on Commerzbank State, Commerzbank Appoints First Woman CEO 01:12:16 - Hamilton Lane's Co-CEO Hirsch Says Too Much Money Going Into Private Credit 01:25:57 - US Investingating SAP, Carahsoft Over Price Fixing -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts