Commerzbank signs 15-year contract for new high-rise Frankfurt office
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has ...
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Generali, meeting between Orcel and Donnet. And on the renewal of the top management, Delfin and Caltagirone towards a “short” list
Big maneuvers by the Lion's shareholders in view of the Assembly on May 8th. Meanwhile, Consob announces that Unicredit has ...
UniCredit threatens to drop Banco BPM takeover offer
UniCredit offered to buy the second largest Italian bank Banco BPM for €10bn in late November last year. The acquisition was ...
UniCredit says Banco BPM offer at risk if Anima bid cost rises
UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a more costly bid for fund manager Anima Holding. BPM last week ...
Orcel Faces Fresh Opposition From Merz in Chase for Commerzbank
If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s ...
Commerzbank to Cut Jobs in Bid to Boost Returns and Fend off UniCredit — 2nd Update
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 ...
Commerzbank to cut 3,900 mostly German jobs as it tries to head off UniCredit
Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
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Germany's Commerzbank to cut jobs to fight off UniCredit
German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...
Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...