FRANKFURT (Reuters) -Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a ...

Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Defying the broader slump in energy prices, the cost of EU emissions trading is on an upward trajectory, having climbed a ...

FRANKFURT/MILAN (Reuters) -A year in to UniCredit's campaign to persuade Commerzbank to open merger talks, CEO Andrea Orcel's hopes of overcoming German opposition seem as distant as ever. But the ...

Commerzbank’s transaction banking performance in 2024 was shaped by targeted infrastructure upgrades, digital integration and ...

Commerzbank (OTCPK:CRZBF) Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by Italy's UniCredit. The bank estimates restructuring ...

Commerzbank has been seeking to fight off UniCredit's advances - Copyright ${image.metadata.node.credit} ${image.metadata.node.creator} Commerzbank has been seeking ...

Commerzbank on Thursday reported a 55% hike in net profit for 2023, as high interest rates helped the German banking giant report its best results in 15 years. Net profit for the year beat ...

Germany's government continues to be opposed to a takeover of lender Commerzbank by Italy's UniCredit. "As has been emphasized several times--including publicly--the German government is committed to ...

Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets. Germany's second-largest lender ...