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 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 ...

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 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 ...

Commerzbank CBK3.48%increase; green up pointing triangle plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s ...

New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in companys success 28-Sep-2023 / 18:23 CET/CEST The issuer is solely responsible for the content of this ...

Lifts key targets Shares up 1.8% after big gains in recent months Bank to beef up staff internationally The job cuts are expected to take place by 2028 but will be accompanied by hiring outside ...

Commerzbank plans to cut thousands of jobs and set new targets in a bid to convince investors it can remain independent as Italy's UniCredit shows interest in a potential tie-up, Reuters reports ...

BERLIN (Reuters) - UniCredit chief Andrea Orcel wants to discuss a planned takeover of Commerzbank with the new German government and hopes for some clarity at the latest by the end of the year ...

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 ...