Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports
German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit. Read more at straitstimes ...
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Job Cuts Report Worries Employees At Germany's Commerzbank
Commerzbank shares were up three percent on Monday, making it the top performer on Germany's blue-chip DAX index. Commerzbank CEO Bettina Orlopp in December refused to rule out redundancies in ...
How Germany could finance higher defense spending
Germany's sluggish economic growth is a key obstacle. The country is projected to grow at an average rate of just 0.5% ...
Commerzbank completes share buyback of €600 m – Second tranche of up to €400 m applied for
Commerzbank Aktiengesellschaft (CZB) Commerzbank completes share buyback of €600 m – Second tranche of up to €400 m applied for 21-Jan-2025 / 09:58 CET/CEST The issuer is solely responsible for the ...
Bankers give cold shoulder to suitors in Davos
DAVOS: Heading into the glitzy World Economic Forum, the thinking was it would be the perfect place for many of the biggest deals in the works among Europe’s lenders to inch their way into existence.
Commerzbank boss refused to meet UniCredit chief for informal deal talks
Commerzbank chief Bettina Orlopp shot down an invitation from Andrea Orcel to hold informal talks about a potential tie-up ...
Warburg Research Reaffirms Their Buy Rating on Commerzbank (0RLW)
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Commerzbank (0RLW – Research Report) today and set a price target of ...
Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy
The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and ...