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 ...

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 on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy ...

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, ...

German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy’s UniCredit.

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a ...