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 said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp ...
The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...
German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy’s UniCredit.
Commerzbank announces 3.900 job cuts by 2028, restructuring costs of 700 million. Market doubts on targets. Dividends rise, stock on a rollercoaster.
German lender Commerzbank has announced plans to cut 3,900 jobs by 2028 and unveiled more ambitious financial targets as it ...
The German bank is seeking to bolster its financial strength as Italy’s UniCredit vies for a takeover.View on euronews ...
Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...
Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...