Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...

German 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 ...

UniCredit's fiscal Year 2025 guidance shows resilient net interest income and a low cost of risk. Read why we prefer to ...

Rare Portuguese issuer lands very close to Pfandbrief ◆ Tightening in covered bond spreads prompts divergent views on where ...

At the same time, more jobs will be added overseas, in locations such as Poland. Read more at straitstimes.com.

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 per cent of its workforce, as it seeks to fight off advances from Italian bank UniCredit.

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.

UniCredit should be in a position to decide on a possible takeover of Germany’s Commerzbank in a few quarters, its chief ...

UniCredit SpA Chief Executive Officer Andrea Orcel touted the benefits of a combination with Commerzbank AG to the Italian ...