The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but it ...
Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...
Italy's largest banking group, Intesa Sanpaolo , and the Asian Development Bank (ADB) said they will not finance a $10 ...
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 plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...
Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...
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 ...
Commerzbank plans to cut 3,900 jobs in Germany while maintaining overall employee numbers through international hiring. The strategy revamp aims to fortify against UniCredit's tie-up attempts. The ...