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 ...

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

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, ...

The German bank is seeking to bolster its financial strength as Italy’s UniCredit vies for a takeover.View on euronews ...

COMMERZBANK on Thursday (Feb 13) said it would cut 3,900 jobs and unveil more ambitious financial targets as part of a strategic revamp designed to head off UniCredit’s advances for a tie-up between ...

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender ...

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...

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 ...

Commerzbank plans to cut 3,900 jobs by 2028 while maintaining overall staffing levels through international hiring. This is part of a strategy revamp aimed at improving financial targets and ...