German lender Commerzbank has announced plans to axe 3,900 full-time equivalent (FTE) positions by 2028, primarily within Germany. The move is part of the bank’s strategic revamp as Italy’s ...

"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 be ...

Agrees to buy Dresdner Bank, one of Germany's biggest banks, from insurer Allianz in a $14.5 billion deal. Commerzbank is Germany's first commercial bank to turn to the government for capital ...