Commerzbank AG plans to sell a significant risk transfer tied to a portfolio of corporate loans, according to people familiar ...

Commerzbank plans to slash its workforce by 10,000 and close 340 branches by ... Your CNN account Sign in to your CNN ... The number of branches in Germany will fall from 790 to 450 as a ...

Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.

Commerzbank CBK-0.37%decrease; red down pointing triangle plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s ...

The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading. By Will Canny | Edited by Sheldon Reback Updated Sep 19, 2024, 9:51 ...

Germany's Commerzbank said on Monday that it had received regulatory approval to buy back up to 600 million euros ($655 million) in shares.

UniCredit executives had conversations with top German government officials, including from the chancellery and the finance ministry, in the months before buying part of the state's stake in ...

G erman Chancellor Friedrich Merz sees no risk that Italy’s UniCredit (UNCRY) will be able to takeover Commerzbank (), Arne Delfs and Donato Paolo Mancini of Bloomberg reports.“The bank’s ...

Commerzbank AG is proposing a major restructuring that will include 10,000 job cuts as new Chief Executive Officer Manfred Knof prioritizes cost reductions over efforts to boost revenue.. The ...

FRANKFURT (Reuters) - Germany's Commerzbank said on Thursday that management and employee representatives had hammered out guidelines for job cuts that were announced last year as part of a major ...

Commerzbank Chief Executive Manfred Knof said on Wednesday that the German lender was seeing an inflow of deposits in a flight to quality as markets reel. Speaking at a financial forum as banking ...