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Commerzbank to cut 3,900 mostly German jobs

Commerzbank to cut 3,900 mostly German jobs as it tries to head off UniCredit

Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to fend off UniCredit's advances for a tie-up between the German and Italian lenders,

Euronews on MSN · 1d

Commerzbank to cut jobs and boost profits in bid to fend off UniCredit

The German bank is seeking to bolster its financial strength as Italy’s UniCredit vies for a takeover. View on euronews

Investing.com on MSN · 1d

Commerzbank plans 3,900 job cuts while setting higher financial goals

Commerzbank (ETR:CBKG) announced on Thursday its plans to eliminate 3,900 jobs as part of a strategic overhaul aimed at countering UniCredit's attempts for a merger between the German and Italian banks.

Reuters on MSN · 1d

Commerzbank to cut 3,900 jobs, mainly in Germany, as it seeks to fend off UniCredit

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

Hosted on MSN1d

Commerzbank Achieves Record Profit in 2024, Targets Accelerated Growth by 2028

Commerzbank ( ($DE:CBK) ) has provided an update. Commerzbank has reported a record profit for 2024, exceeding its targets with a 20% increase in ...

TipRanks on MSN14d

Commerzbank Achieves Record Profit and Enhances Shareholder Returns in 2024

Commerzbank ( ($DE:CBK) ) has shared an update. Commerzbank reported a record net result of €2.68 billion for 2024, marking a 20% increase from ...

14d

Germany's Commerzbank profit jumps 20% in 2024 as it fends off UniCredit

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 with Italy's ...

Commerzbank delivers record profit - strong -3-

DJ Commerzbank delivers record profit - strong momentum for accelerated growth and transformation - targeting 15% return on tangible equity by 2028 Commerzbank Aktiengesellschaft (CZB) Commerzbank ...

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