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 ...

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% ...

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 ...

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 ...

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 ...

Deutsche Bank raised the firm’s price target on Commerzbank (CRZBY) to EUR 26 from EUR 22 and keeps a Buy rating on the shares.Stay Ahead of ...

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 ...

In a report released today, Benjamin Goy from Deutsche Bank maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price ...

UniCredit’s plans for Commerzbank immediately sparked an angry backlash in Germany, with the Frankfurt-based lender rescued by the state in 2009 vowing to remain independent. "We are convinced ...

Germany's antitrust authorities have approved UniCredit's plans to buy a major stake in Commerzbank but the federal government continues to say the Italian lender's approach amounts to a "hostile ...