The job cuts are expected to number between 3,000 and 4,000 people out of a workforce of about 42,000 employees.

ING FX strategist says the market is more focused on news of a potential Ukraine peace deal in the short term, despite Donald ...

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...

FRANKFURT, Jan 22 (Reuters) - Commerzbank (CBKG.DE), opens new tab on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with ...

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 ...

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 ...

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 ...

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 ...

"The behavior of the potential acquirer was very aggressive, very opaque, untransparent," Germany's Jörg Kukies told CNBC of UniCredit's bid for Commerzbank. The move by UniCredit, which is ...

The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...