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Commerzbank to cut 3,900 jobs in Germany
Commerzbank to cut 3,900 jobs, mainly in Germany, as it seeks to fend off UniCredit
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.
Commerzbank to cut 3,900 jobs
Commerzbank said on Thursday (Feb 12) it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit’s advances for a tie-up between the German and Italian lenders.
Germany's Commerzbank to cut jobs to fight off UniCredit
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit. It has since boosted its holding in the German bank to around 28 percent.
3h
Commerzbank delivers record profit – strong momentum for accelerated growth and transformation – targeting 15% return on tangible equity by 2028
Commerzbank Aktiengesellschaft (CZB) Commerzbank delivers record profit – strong momentum for accelerated growth and transformation – targeting 15% return on tangible equity by 2028 13-Feb-2025 / ...
7d
Commerzbank Sets Up New Wealth Management Unit in Fee Push
Commerzbank AG Chief Executive Officer Bettina Orlopp is revamping how the lender caters to the rich in a push to boost fee ...
12d
on MSN
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share ...
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