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Commerzbank to cut 3,900 jobs as it fends off UniCredit

Commerzbank said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.
Business • 13 Feb

Commerzbank to begin talks with Italy's UniCredit

Commerzbank will hold a first round of talks with UniCredit tomorrow as the Italian lender presses for a possible tie-up, the German bank's designated CEO, Bettina Orlopp said today.
Business • 26 Sep 24

Commerzbank names CFO Orlopp as new CEO

Bettina Orlopp will take over as chief executive officer of Germany's Commerzbank in the near future, making her one of the country's highest-profile bankers during a tumultuous time for its second biggest lender.
Business • 25 Sep 24

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