For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...

The lender plans to lay off around 9% of its workforce in a bid to boost returns and convince investors of its standalone ...

The firm said it expects to double its roughly $317 billion in total credit assets within five years. The lender expects an increase in profitability this year after group revenue rose 24%, boosted by ...

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

The new Commerzbank CEO has unveiled her strategy for the coming years. With restructuring and cost reductions, business processes are set to be streamlined, making the bank leaner and more efficient.

The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...

German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy’s UniCredit.

JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank's five-day return-to-office policy in an ...

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 said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

Commerzbank 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.