Commerzbank to outsource equities business to ODDO BHF
FILE PHOTO: The headquarters of the Commerzbank are pictured before the bank’s annual news conference in Frankfurt, Germany, February 8, 2018. REUTERS/Ralph OrlowskiFRANKFURT [...]
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Commerzbank strikes deal with workers over job cuts
FRANKFURT (Reuters) -Commerzbank employee representatives have agreed a job reduction deal, the bank and union officials said on Friday, paving the way for [...]
UPDATE 1-Cerberus vows to work with Commerzbank chair despite concerns – source
* Conciliatory tone comes day after new chair named * Cerberus had expressed serious doubts about chair (Updates with details) FRANKFURT, Aug 4 [...]
German union in show of strength as Commerzbank's top duo exits
FRANKFURT (Reuters) – Commerzbank’s (CBKG.DE) chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go [...]
Commerzbank chairman and CEO bow out to give lender a fresh start
FRANKFURT (Reuters) – Commerzbank’s chairman and chief executive stepped down on Friday, bowing to demands from top shareholder Cerberus that the German lender [...]
Commerzbank considers 7,000 more redundancies: BoeZ
FRANKFURT (Reuters) – Commerzbank’s (CBKG.DE) supervisory board was set to discuss the possibility of a further 7,000 redundancies, in addition to 4,000 job [...]
Commerzbank board to decide on cost-cutting plan next week -report
BERLIN, June 27 (Reuters) – Commerzbank’s board will likely approve more branch closures and job cuts at an extraordinary meeting next week, a [...]