Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2 ...
CNBC on MSN7d
Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsCommerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. Commerzbank CEO Bettina Orlopp ...
Further, Commerzbank said it will give back a total ... Inc. Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors ...
Commerzbank's supervisory board is set to discuss the cost cuts and new goals with management at an all-day meeting on Wednesday, and the bank is due to present the new strategy to the public on ...
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