An executive from Deutsche Bank stated that, faced with the uncertainty brought about by the potential acquisition of UniCredit in Italy, customers of Commerzbank are increasingly turning to them for funding. Deutsche Bank is the main competitor of Commerzbank in the domestic market. Jan-Philipp Gillmann, head of corporate banking for Germany and europe at Deutsche Bank, mentioned at an event in Frankfurt that the bank has secured business from individual Commerzbank clients and is also engaging in extensive discussions, which are expected to lead to new client relationships. "Clients are calling us," he said. "Clients are approaching this situation very proactively because, at the end of the day, it's about ensuring liquidity." Gillmann noted that similarly, over the past year and a half, Deutsche Bank has benefited from the merger of ubs group and Credit Suisse, saying, "We have gained a significant number of clients in the swiss franc."