Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
UniCredit SpA is working on a significant risk transfer linked to a portfolio of almost €4 billion ($4.2 billion) of German ...
Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by ...
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Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targetsUniCredit currently holds a direct 9.5% stake and ... between the two banks has massive value to be created, not only for the ...
Andrea Orcel, the CEO of UniCredit, shocked Germany's corporate and political establishment last year when his Italian bank - also that nation's No. 2 - snapped up a hefty stake in Commerzbank and ...
UniCredit should be in a position to decide on a possible takeover of Germany’s Commerzbank in a few quarters, its chief ...
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian bank UniCredit. The bank also ...
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