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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsCommerzbank 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 Orlopp ...
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Germany's Commerzbank to cut jobs to fight off UniCredit"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 ...
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...
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DPA International on MSNGerman antitrust body probes UniCredit plans for Commerzbank stakeGermany's Federal Cartel Office is reviewing plans by major Italian bank UniCredit to expand its stake in German lender ...
Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy's ...
Muted reaction in Bund spreads opens door for German issuer â—† Issuer opts for low beta, short-dated offering â—† Investors ...
Commerzbank AG is planning to exit several buildings in Frankfurt as it sets out to reduce office space in its home city ...
Orcel has repeatedly said that he wants to wait for the German vote to clarify his position and obtain the support of the new ...
Issuer prints €2.25bn across two tranches ◆ 10 year tranche solidifies returning long end demand ◆ Slim premium needed on ...
The acquisition attempt faces mounting regulatory hurdles as Germany's Federal Cartel Office officially begins examining UniCredit's bid for a minority stake of up to 29.99%. The competition authority ...
Still, polls suggest that several parties, including the CDU, the far-right Alternative for Germany, and current Chancellor ...
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