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 ...

Telecom Italia SpA has hired UniCredit SpA to help evaluate its options as suitors circle the former Italian phone monopoly, ...

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

Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...

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 has announced plans to cut 3,900 jobs by 2028 and unveiled more ambitious financial targets as it ...

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

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

Commerzbank announced on Thursday it would cut 3,900 full-time positions by 2028 in a bid to boost its financial stability. The bank nonetheless added that hiring will take place in other “selected ...

Germany's Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant ...