Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, ...
Tag: Commerzbank AG
Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid ...
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank ...
Deutsche Bank shares drop 5% after quarterly profit falls, cost target scrapped
Germany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, ...
Italy’s Mediobanca rejects Monte dei Paschi’s ‘destructive’ 13-billion-euro takeover bid
The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025.Bloomberg | Bloomberg | Getty ...
UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images ...
UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesDivided ...
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022.Bloomberg | Getty ImagesItalian lender UniCredit ...
UniCredit and Commerzbank square off with target hikes amid takeover battle
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt.Daniel Roland | Afp ...
Dutch government to reduce its stake in ABN Amro by a quarter
Jasper Juinen | Bloomberg | Getty ImagesThe Dutch government on Tuesday said it will reduce its stake in lender ABN ...
