Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
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Legit on MSNGermany's Commerzbank to cut jobs to fight off UniCreditGerman lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...
The bank has been advocating its case to stand alone since last year's surprise build of a stake by UniCredit fueled market talk that Italy's second-largest lender could be on the hunt for a ...
UniCredit UCG1.57%increase; green up pointing triangle should be in a position to decide on a possible takeover of Germany’s ...
UniCredit CEO Andrea Orcel on Tuesday pledged to keep this year's profit steady despite easing revenue, and said the Italian ...
"Now it's about lifting Commerzbank to the next level," Orlopp said. Andrea Orcel, the CEO of UniCredit, shocked Germany's corporate and political establishment last year when his Italian bank ...
European banking battle - The UniCredit-Commerzbank saga began in ... and the approach has sparked anger in Germany, with politicians, led by Chancellor Olaf Scholz, opposed to it.
Orcel said last month that UniCredit would not rush a possible takeover of Commerzbank and was willing to walk away, although it would first wait for the outcome of Germany's elections.
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