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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsCommerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. Commerzbank CEO Bettina Orlopp ...
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
BERLIN (Reuters) - Italian lender UniCredit has reported its planned acquisition of a 29.99% minority stake in Germany's ...
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Germany's Commerzbank to cut jobs to fight off UniCredit"This makes Commerzbank stronger and better." The job cuts, to be implemented by 2028, come after Germany's second-biggest bank booked a record profit in 2024. But the bank said they could be ...
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...
Muted reaction in Bund spreads opens door for German issuer ◆ Issuer opts for low beta, short-dated offering ◆ Investors ...
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of ...
Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. Commerzbank CEO Bettina ...
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