For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...

The lender plans to lay off around 9% of its workforce in a bid to boost returns and convince investors of its standalone ...

Commerzbank is to cut 3900 jobs over the next two years as it strives to slash costs and drive profits in the face of a hostile takeover bid by italy's Unicredit.

The firm said it expects to double its roughly $317 billion in total credit assets within five years. The lender expects an increase in profitability this year after group revenue rose 24%, boosted by ...

Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by ...

Norway's Equinor said on Thursday that the French energy regulator had imposed a fine of 4 million euros ($4.17 million) for ...

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...

Commerzbank Aktiengesellschaft (CZB) Commerzbank delivers record profit – strong momentum for accelerated growth and transformation – targeting 15% return on tangible equity by 2028 13-Feb-2025 / ...

FRANKFURT (Reuters) - Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...