At the same time, more jobs will be added overseas, in locations such as Poland. Read more at straitstimes.com.

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

UniCredit SpA Chief Executive Officer Andrea Orcel said he’s not holding any live talks with Credit Agricole SA to discuss ...

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

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...

The job cuts are expected to number between 3,000 and 4,000 people out of a workforce of about 42,000 employees.

CEO Andrea Orcel highlighted the successful completion of Phase 1 of UniCredit Unlocked and announced the start of Phase 2, focusing on acceleration. He emphasized a trajectory toward €10 billion net ...

By Valentina Za MILAN (Reuters) -UniCredit CEO Andrea Orcel on Tuesday pledged to keep this year's profit steady despite ...

UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel ...

Full-year profits rose 2 per cent to a record €9.7bn, and chief executive Andrea Orcel offered a sweetener to shareholders ...

The bank reported higher-than-expected profit but forecasts a modest revenue slowdown in the year ahead as net interest ...