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 ...

UniCredit and Commerzbank are launching competing campaigns to win over Germany’s Mittelstand, turning a cross-border ...

Despite its failure to strike a deal for its Russian business, UniCredit has been at the centre of attempted takeovers in the ...

Commerzbank said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp ...

The lender plans to execute the job reductions by primarily relying on demographic changes and natural workforce fluctuations ...

Its strategy update follows a better-than-expected 20 per cent increase in full-year net profit, a result the bank believes illustrates the success of its turnaround in recent years. “This provides us ...

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, as it seeks to ...

Rare Portuguese issuer lands very close to Pfandbrief ◆ Tightening in covered bond spreads prompts divergent views on where ...

The job cuts are expected to number between 3,000 and 4,000 people out of a workforce of about 42,000 employees.