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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 ...
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Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCreditCommerzbank 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 ...
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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