Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant ...

Germany's Commerzbank is considering slashing thousands of jobs as the bank battles to fend off a takeover bid from Italian ...

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

Issuer prints €2.25bn across two tranches ◆ 10 year tranche solidifies returning long end demand ◆ Slim premium needed on ...

“This makes Commerzbank stronger and better.” The job cuts, to be implemented by 2028, come after Germany’s second-biggest bank booked a record profit in 2024. But the bank said they could ...

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

Frankfurt (Germany) (AFP) – 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 ...

But Commerzbank has vowed to fight any takeover, and the approach has sparked anger in Germany, with politicians, led by Chancellor Olaf Scholz, opposed to it.

Commerzbank 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 ...

"This makes Commerzbank stronger and better." The job cuts, to be implemented by 2028, come after Germany's second-biggest bank booked a record profit in 2024. But the bank said they could be ...