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 ...

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

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

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 ...

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 ...

LONDON - Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, announced today that its CEO, Tracy Blackwell, plans to retire from her role. Blackwell ...