21

Feb

Commerzbank to lose 1.7 mln clients by 2024

Commerzbank expects to lose 1.7 million customers by 2024 as part of its current restructuring, resulting in a 300 million euro ($364 million) hit to revenue, weekly Welt am Sonntag…

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11

Feb

Commerzbank reports $3.3 billion Q4 loss amid restructuring

Germany's Commerzbank on Thursday said that its net loss deepened to $3.3 billion in the fourth quarter, as the lender undergoes a major restructuring and deals with the fall-out of…

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20

Jan

Commerzbank deepens partnership with Microsoft

Commerzbank said on Wednesday that it would widen its partnership with Microsoft by putting a significant portion of its applications in the cloud over the next five years. The two…

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15

Jun

Commerzbank to cut more jobs, branches

Commerzbank will announce "considerably" more branch closures and job cuts when it lays out its strategy review in August, a member of the bank's supervisory board said on Monday. Stefan…

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22

Nov

Commerzbank CEO calls on EU to stick to principles in face of U.S. policy

Commerzbank’s chief executive criticized the U.S. administration for unilateral dealmaking on Friday and called for Germany and Europe to “stick to our principles”. Martin Zielke’s comments come as Europe debates…

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25

Apr

Deutsche Bank and Commerzbank Call Off Merger Talks

Deutsche Bank and Commerzbank, Germany’s two largest banks, called off widely criticized merger talks on Thursday, saying that they had concluded the risks of combining outweighed the benefits. But the…

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18

Mar

Deutsche Bank and Commerzbank in merger talks

Germany's two biggest banks, Deutsche Bank and Commerzbank, are in formal talks about a merger the two rival companies confirmed. The announcement caps months of speculation that the two struggling…

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