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

Commerzbank plans to lay off around 9% of its workforce in a bid to boost profitability and convince investors of its ...

the bank said. For months, Commerzbank's management, under the leadership of CEO Bettina Orlopp, has been working on the ...

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

Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...

Commerzbank and Visa agreed on a partnership in card business. The firms are reportedly expanding their existing cooperation ...

The bank’s corporate clients unit expects SRTs to help it cut €10 billion ($10.4 billion) in so-called risk-weighted assets ...

Commerzbank Aktiengesellschaft (CZB) Commerzbank delivers record profit – strong momentum for accelerated growth and transformation – targeting 15% return on tangible equity by 2028 13-Feb-2025 / ...

In a report released today, Benjamin Goy from Deutsche Bank maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price ...

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

Commerzbank plans to cut 3,900 jobs in Germany while maintaining overall employee numbers through international hiring. The strategy revamp aims to fortify against UniCredit's tie-up attempts. The ...

The job cuts, mainly in Germany and expected to take place by 2028, will be accompanied by hiring outside the country, meaning the bank’s full-time positions will remain steady at 36,700, Commerzbank ...