Commerzbank Mulls Job Cuts

Commerzbank Mulls Job Cuts as Part of Strategy Revamp, FT Says
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to present on Feb. 13, the Financial Times reported, citing people familiar with the matter.
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
Commerzbank is exploring cutting thousands of jobs as it seeks to fend off unwanted advances from Italy’s UniCredit, according to people familiar with the matter. The plans, which have not yet been formalised,
Commerzbank 'mulls thousands of cuts to repel UniCredit'
Germany' second biggest bank Commerzbank is mulling thousands of job cuts to help it repel a possible takeover bid by Italy's second-biggest bank UniCredit, the Financial Times reported Saturday. The Italan lender,
Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports
Commerzbank is exploring cutting thousands of jobs as it seeks to fend off an unwanted approach from Italy's UniCredit , the Financial Times reported on Saturday, citing people familiar with the matter.
Commerzbank considering cutting thousands of job cuts amid UniCredit advances: report
Commerzbank (OTCPK:CRZBF)(OTCPK:CRZBY) is looking at cutting thousands of positions as it works to fight off unsolicited approaches from UniCredit (OTCPK:UNCFF)(OTCPK:UNCRY) , the Financial Times reported Saturday,
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Commerzbank, Weidmann against Unicredit: "Little chance for friendly merger"
The chairman of the supervisory board of Commerzbank and former head of the Bundesbank speaks for the first time: ...
Bloomberg L.P.29d
Germany’s Habeck ‘Concerned’ About UniCredit Move on Commerzbank
Commerzbank “is important for the financing” of Germany’s small and medium-sized companies and its exports, Habeck said in emailed comments on Friday. “The bank needs a reliable ...
Germany’s second-biggest fintech shuns IPO
Germany’s second most valuable fintech, Trade Republic, has vowed to stay private after doubling its customers and tripling ...
Germany's Economy Contracts for Second Straight Year as Tariff Threat Looms -- 2nd Update
Economic output in Europe's largest economy sank 0.2% last year after it declined 0.3% in 2023, the first two-year contraction since 2003, according to Germany's federal statistics agency Destatis on ...
Commerzbank (0RLW) Receives a Hold from RBC Capital
In a report released today, Anke Reingen from RBC Capital maintained a Hold rating on Commerzbank (0RLW – Research Report), with a price target ...
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Germany rejects UniCredit's latest Commerzbank stake hik
Germany has rejected UniCredit's latest Commerzbank stake increase as an "uncoordinated and unfriendly approach", strongly rebuking the Italian bank. UniCredit, which angered Berlin when it ...
Germany Set for Dismal Economic Report Card Before Snap Election
Germany is about to report a second straight year of economic contraction, reminding politicians before February’s snap ...
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Germany’s DZ BANK Launches Digital Custody in Collaboration with Ripple
Germany's DZ Bank officially launched launched a secure custody solution for tokenized bonds and crypto assets in ...
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Commerzbank, Barclays surprises by rising to 16%: it would be acting for a client, is it Unicredit?
Baclays would hold 7,72% in physical shares and the remaining 8,33% in financial instruments. However, the bank has no ...