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

The battle for Commerzbank, pitting one of Italy’s biggest banks against the German establishment, has become a test case of ...

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

UniCredit and Commerzbank are launching competing campaigns to win over Germany’s Mittelstand, turning a cross-border ...

European bank was named the top performer for trade finance in Central and Eastern Europe, as well as in eight individual countries.

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid ...

The bank's current strategy plan through the year 2027 was first published in 2023. Last September, weeks after UniCredit disclosed its interest, Commerzbank ratcheted up some of those targets.

In an interview with the English newspaper, Unicredit CEO Andrea Orcel explained that "if the political framework changes", ...

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