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 ... marks the largest in the bank's history. The previous two buybacks saw the bank repurchase shares for around €122 million and €600 million for the financial ...

BERLIN, Jan 24 (Reuters) - Commerzbank (CBKG.DE), opens new tab reiterated on Friday that it will not meet with UniCredit (CRDI.MI), opens new tab for formal discussions until it receives a ...

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans ...

Jan 18 (Reuters) - Commerzbank (CBKG.DE), opens new tab is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy's UniCredit (CRDI.MI), opens new tab ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit. The bank also ...

Commerzbank has defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a ...

COMMERZBANK on Thursday (Feb 13) said it would cut 3,900 jobs and unveil more ambitious financial targets as part of a strategic revamp designed to head off UniCredit’s advances for a tie-up between ...

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 ...