The bank's current strategy plan through the year 2027 was first published in 2023. Last September, weeks after UniCredit disclosed its interest, Commerzbank ratcheted up some of those targets.

Commerzbank AG Chief Executive Officer Bettina Orlopp is intensifying a plan to cut back the expected growth in risk-weighted assets as a cornerstone of her strategy to keep the lender independent ...

Germany's Commerzbank on Thursday said it was preparing staff cuts in its efforts to fend off tie-up advances by Italian banking group, UniCredit. Commerzbank has been advocating its case to stand ...

Commerzbank has recently presented a new strategy to overhaul its business. Like previous plans, it is largely focused on cost cutting to improve its structural profitability. Until the bank shows ...

Commerzbank plans to slash its workforce by 10,000 and close 340 branches by 2024 as part of a strategic overhaul. The bank has roughly 48,500 employees around the world. But it indicated in a ...

Commerzbank plans to propose a dividend of 0.20 per share for financial year 2022 15-Feb-2023 / 13:01 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU ...

Commerzbank Plans Job Cuts in Biggest Overhaul Since Bailout Bank plans to reduce 9,600 jobs, about a fifth of workforce Commerzbank taking costs of $1.2 billion in planned overhaul ...

UniCredit poised to pounce on Commerzbank German bank attempts to rebuff unwanted advance CEO to outline plan of action Plans include staff cuts and new targets Four of them said, however ...