The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival ...

Muted reaction in Bund spreads opens door for German issuer ◆ Issuer opts for low beta, short-dated offering ◆ Investors ...

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...

The lender plans to execute the job reductions by primarily relying on demographic changes and natural workforce fluctuations.

BERLIN (Reuters) - Italian lender UniCredit has reported its planned acquisition of a 29.99% minority stake in Germany's ...

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

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the ...

UniCredit has asked German antitrust authorities to approve its move to take a substantial stake in Commerzbank, another key ...

"This makes Commerzbank stronger and better." The job cuts, to be implemented by 2028, come after Germany's second-biggest bank booked a record profit in 2024. But the bank said they could be ...

Frankfurt (Germany) (AFP) – German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian ...

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts. Germany's Commerzbank on ...