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 Commerzbank will cut thousands of jobs as the bank battles to fend off a takeover bid from Italian banking giant UniCredit. About 3,900 full-time positions will be cut by the end of 2027, ...

FRANKFURT (Reuters) -Commerzbank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up. Commerzbank has, like some other banks, had a rocky ...

(Bloomberg) -- UniCredit SpA spoke with German officials about building a stake in Commerzbank AG before Berlin began selling its shares in the firm earlier this month, adding to the confusion around ...

(Bloomberg) -- The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the limited influence it has despite its fierce opposition to ...

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.

LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its biggest banks by an Italian rival, a stance that pits Berlin against Rome and Europe's regulators, several ...

Feb 14 (Reuters) - Germany, in an unexpected move, will not take part in Commerzbank's CBKG.DE share buy-back programme and as a result increase its stake in the lender to 16.5%, business daily ...

Commerzbank AG has obtained a crypto custody license in Germany, the company announced Wednesday. The license will let the Frankfurt-headquartered global bank offer a broad range of digital asset ...

One of Germany's biggest banks is at the center of an intensifying money-laundering investigation into whether Russian telecommunications assets now worth hundreds of millions of dollars were diverted ...

FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank's supervisory board meets next week, two people with knowledge of the matter ...