For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...
The lender plans to lay off around 9% of its workforce in a bid to boost returns and convince investors of its standalone ...
Commerzbank is to cut 3900 jobs over the next two years as it strives to slash costs and drive profits in the face of a hostile takeover bid by italy's Unicredit.
The firm said it expects to double its roughly $317 billion in total credit assets within five years. The lender expects an increase in profitability this year after group revenue rose 24%, boosted by ...
Commerzbank and Visa have agreed on a strategic partnership in card business. This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the ...
This same incrementalism runs through much of what Mr Merz says. Even if talks between Donald Trump and Vladimir Putin lead ...
Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...
Norway's Equinor said on Thursday that the French energy regulator had imposed a fine of 4 million euros ($4.17 million) for ...
The bank’s corporate clients unit expects SRTs to help it cut €10 billion ($10.4 billion) in so-called risk-weighted assets ...
Commerzbank Aktiengesellschaft (CZB) Commerzbank and Visa Agree on Strategic Partnership in Card Business 13-Feb-2025 / 08:33 CET/CEST The issuer is solely responsible for the content of this ...