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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 ...
The job cuts, mainly in Germany and expected to take place by 2028, will be accompanied by hiring outside the country, meaning the bank's full-time positions will remain steady at 36,700, the bank ...
Italian lender UniCredit has reported its planned acquisition of a 29.99% minority stake in Germany's Commerzbank to the ...
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
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GlobalData on MSNGermany’s Commerzbank to shed 3,900 jobs by 2028The lender plans to execute the job reductions by primarily relying on demographic changes and natural workforce fluctuations ...
UniCredit (UNCRY) reported its planned acquisition of a 29.99% minority stake in Commerzbank (CRZBY) to the German Cartel Office for ...
Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy's ...
Muted reaction in Bund spreads opens door for German issuer ◆ Issuer opts for low beta, short-dated offering ◆ Investors ...
The acquisition attempt faces mounting regulatory hurdles as Germany's Federal Cartel Office officially begins examining UniCredit's bid for a minority stake of up to 29.99%. The competition authority ...
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 ...
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 ...
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