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

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

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

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 ...

The battle for Commerzbank, pitting one of Italy’s biggest banks against the German establishment, has become a test case of ...

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.

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 ...

Last September, weeks after UniCredit disclosed its interest, Commerzbank ratcheted up some of those targets. The job cuts, which could send hundreds of employees into early retirement ...

Commerzbank AG vowed to increase profitability, including by cutting thousands of jobs in Germany, as Chief Executive Officer ...

GERMANY’S Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...