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.

Eurozone banks face an “unprecedentedly high” risk of severe disruptions by unforeseen shocks, the European Central Bank ...

Buying Germany is also far from straightforward for stock investors. The 40 companies on the benchmark DAX index earn just 20% of their revenue domestically, Uleer says. Some familiar names do make it ...

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 ...

ROME (Reuters) -Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last year ...

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

Italian lender UniCredit's "very aggressive, very opaque" bid for Commerzbank has been criticized by Germany's Finance Minister Jörg Kukies, who stressed that hostile takeovers don't usually work. "In ...

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 ...