Commerzbank generates over 70% of its operating income in the highly competitive German market, where banks without profit-maximizing motives (savings and cooperative banks) dominate the retail space.

Commerzbank lays foundation for further strategic plan with strong 9M net profit – targeting RoTE of more than 11% in 2027 08-Nov-2023 / 07:05 CET/CEST The issuer is solely responsible for the ...

Commerzbank bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78 billion) in 2024. This compares with a $2.47 billion net profit forecast for the period, according to a ...

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans ...

The Italian bank started building its stake in Commerzbank in September, raising speculation then about a possible takeover. It now holds a direct stake in Commerzbank of 9.5% with a further 18.5% ...

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has signed a 15-year rental contract for a new high-rise office in Frankfurt.

Takeover plans by UniCredit for Germany's Commerzbank are likely to be a central topic at the DAX-listed bank's annual general meeting on Thursday, even though the Italian bank's chief executive ...

FRANKFURT (Reuters) -Commerzbank is considering buying a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit, three people with knowledge of the ...

EQS-News: Commerzbank Aktiengesellschaft / Key word(s): 9 Month figures/Capital Markets Day Commerzbank lays foundation for further strategic plan with strong 9M net profit – targeting RoTE of ...

Commerzbank Plans Job Cuts, New Targets to Keep UniCredit Away, Sources Say. More. Reuters. FILE PHOTO: A company logo is pictured at the headquarters of Germany's Commerzbank AG in Frankfurt ...

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans told ...