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 ...

German lender Commerzbank has announced plans to axe 3,900 full-time equivalent (FTE) positions by 2028, primarily within Germany. The move is part of the bank’s strategic revamp as Italy’s ...

The German economy grew by 0.2% in the first quarter of 2025, preliminary data from the Federal Statistical Office showed on ...

Germany's Federal Cartel Office on Monday approved Italian bank UniCredit's acquisition of a major stake in German rival Commerzbank. Andreas Mundt, head of the Bonn-based body, said the 29.99% ...

DUESSELDORF/FRANKFURT, April 14 (Reuters) - Germany's antitrust authorities on Monday approved UniCredit's (CRDI.MI), opens new tab plans to own just under 30% of ...

Germany's Federal Cartel Office on Monday gave its approval to UniCredit's plans for the purchase of a major stake in Commerzbank. The move removes a further obstacle to the Italian bank's aim to ...

Commerzbank, Germany’s second biggest bank, employs more than 50,000 people. Group-wide, as many as one in 10 staff could lose their jobs, one of the sources said. “A reduction of 5,000 is entirely ...

April 14, 2025 UniCredit gets German cartel office nod on big Commerzbank stake Germany's antitrust authorities on Monday approved UniCredit's plans to own just under 30% of Commerzbank , removing ...

Commerzbank AG said some companies looking to go public have halted those plans after Donald Trump’s tariff announcement fueled a global market selloff. “Due to the unpredictable markets, some ...

Commerzbank has introduced Ava, an AI-powered virtual assistant and avatar available 24/7 in the bank’s mobile app. Built on Microsoft Azure an ...

DUESSELDORF/FRANKFURT: Germany’s antitrust authorities on Monday approved UniCredit’s plans to own just under 30% of Commerzbank, removing a further obstacle to ...

Germany's Federal Cartel Office on Monday gave its approval to UniCredit's plans for the purchase of a major stake in Commerzbank. The move removes a further obstacle to the Italian bank's aim to take ...