Italy is pushing for a domestic alternative to international investors including CVC Capital Partners Plc and France’s Iliad SA circling around phone carrier Telecom Italia SpA.

Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...

Green financing rules, pressure from climate groups are pushing Western financiers to shun fossil fuels. Read more at ...

The lender plans to lay off around 9% of its workforce in a bid to boost returns and convince investors of its standalone ...

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 said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp ...

The new Commerzbank CEO has unveiled her strategy for the coming years. With restructuring and cost reductions, business processes are set to be streamlined, making the bank leaner and more efficient.

Michael Lee Strategy founder Michael Lee discusses the January CPI report and DOGE's effort to slash government spending on ...

The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...

COMMERZBANK on Thursday (Feb 13) said it would cut 3,900 jobs and unveil more ambitious financial targets as part of a strategic revamp designed to head off UniCredit’s advances for a tie-up between ...

German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to ...