Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant UniCredit. About 3,900 full-time positions will be cut by the end of 2027 ...

German lender Commerzbank has announced plans to axe 3,900 full-time equivalent (FTE) positions by 2028, primarily within Germany. The move is part of the bank’s strategic revamp amid a hostile ...

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 ...

"Now it's about lifting Commerzbank to the next level," Orlopp said. Andrea Orcel, the CEO of UniCredit, shocked Germany's corporate and political establishment last year when his Italian bank ...

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. Germany's second-largest ...

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 ...

"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 ...