Germany's outgoing lower house of parliament began a special session on Thursday to debate a 500 billion euro fund for ...

The dollar rebounded slightly on Thursday thanks to a rise in U.S. Treasury yields, though currencies traded in tight ranges ...

The euro and pound have maintained their multi-month highs against the dollar amid economic slowdown concerns and Germany's ...

UniCredit SpA is poised to obtain regulatory permission in the next few days to own as much as 29.9% of Commerzbank AG’s ...

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 ...

Germany is in for a massive ramp-up in spending under an agreement by the parties hoping to form its next government, with a ...

Frankfurt (Germany) (AFP) – German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of its workforce, seeking to fight off pressure for a tie-up from Italian ...

“This makes Commerzbank stronger and better.” The job cuts, to be implemented by 2028, come after Germany’s second-biggest bank booked a record profit in 2024. But the bank said they could ...

Germany is in for a massive ramp-up in spending under an agreement by the parties hoping to form its next government, with a ...

But Commerzbank has vowed to fight any takeover, and the approach has sparked anger in Germany, with politicians, led by Chancellor Olaf Scholz, opposed to it.

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. Commerzbank CEO Bettina ...