Commerzbank CBK-0.45%decrease; red down pointing triangle is planning a new 400 million-euro ($415.7 million) share buyback and increased its dividend payout after posting record net profit last ...

FRANKFURT - Commerzbank AG (OTC:CRZBY) has successfully completed the first tranche of its third share buyback program on Monday, repurchasing 38,837,806 shares, which equates to 3.278% of the bank's ...

UniCredit CEO Andrea Orcel says he won't pursue an acquisition of Commerzbank at all costs. The Italian bank has built a large stake in Germany's Commerzbank over the past few months and Orcel has ...

FRANKFURT, Jan 31 (Reuters) - Germany's Commerzbank (CBKG.DE), opens new tab said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of ...

BERLIN, Jan 13 (Reuters) - Commerzbank's (CBKG.DE), opens new tab supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank ...

Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to present on Feb. 13, the Financial Times reported , citing people ...

Commerzbank is exploring cutting thousands ... and in 2023 it embarked on the first share buyback programme in its history. But UniCredit’s stakebuilding has put additional pressure on the ...

With a planned volume of up to EUR1 bn, the third buyback programme is the largest in Commerzbank's history. As part of its first share buyback programme, the Bank repurchased a total of ...

Since 2021, Commerzbank has already cut thousands of jobs, bringing its headcount down to some 42,000 and closing hundreds of branches in a major restructuring effort. jpl-vbw/sea/rl ...