Commerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...

Germany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...

The pan-European STOXX 600 index gained 0.2% by 0813 GMT. France's CAC 40 added 0.6%, Germany's DAX climbed 0.3%, while UK's FTSE 100 slipp...

"As part of a wide-ranging digitalisation, the bank will substantially reduce its branch network from the current level of 790 to 450," it ...

Chancellor Angela Merkel and state leaders agreed on Sunday to shut most stores from Wednesday until at least January 10 to reverse a tide ...

The Italian index rose 0.6 per cent, out-doing the pan-European STOXX 600 which gained 0.3 per cent.

The bank is the latest to jump into the excitement before the soccer championship kicks off.

The Handelsblatt business daily, citing sources close to the negotiations, said the jobs would be slashed over the coming years.

General Motors Corp, the biggest US automaker, hired Commerzbank AG to find an investor for its Opel unit in Europe.

EU regulators cleared German insurer Allianz SE to buy Commerzbank's asset management unit.

Germany’s Commerzbank, which pulled out from India several years ago, appears set to relinquish yet another banking licence in India.

Deutsche Bank said in a statement late on Tuesday that it was in "advanced talks" on buying a stake in Postbank from Deutsche Post, Germany...

Commerzbank and Dresdner have a combined workforce of nearly 67,000 employees and out of the expected job cuts, about 2,500 would be outsid...

German insurance giant Allianz is in "advanced talks" on the future of its Dresdner Bank unit, "that may or may not lead to a deal," it sai...

Commerzbank AG said its second-quarter net profit rose by 6.4 per cent thanks to a tax gain, but made clear it is still feeling the impact ...

Deutsche Bank, Germany's biggest bank, is in talks to buy the German subsidiary of US banking giant Citigroup.

A take-over by Barclays of ABN AMRO, if concluded, could trigger smaller deals but is unlikely to unleash a wave of crossborder consolidati...