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 , 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 ...

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 ...

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 raised its guidance for net interest income as the lender reported its best performance in more than 10 years on continued high interest rates and strong customer business.

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 ...

02/13/2025 February 13, 2025. Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts.

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 ...

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 ...

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 ...