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Commerzbank plans job cuts, new goals to fend off UniCredit - Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets - Commerzbank promises profit surge as it fends off bid interest from UniCredit - Watch Commerzbank's Plan Achievable, Ambitious: CEO Orlopp - Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit - Commerzbank announces share buyback and record earnings from last year - Germany's finance minister slams UniCredit's 'very aggressive' bid for Commerzbank - Commerzbank boss refused to meet UniCredit Andrea Orcel for deal talks - Commerzbank explores thousands of job cuts after approach from UniCredit, FT reports

Commerzbank

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Commerzbank is a company. It is located in Frankfurt Am Main, Germany and was founded in 1870. The company is part of the Financials sector, specifically in the Banks industry.

Key facts

  • city: Frankfurt Am Main
  • country: Germany
  • sector: Financials
  • industry: Banks
  • foundation year: 1870
  • CEO: Dr. Manfred Knof
Classified as: organization

Business

  • Assets: 474.5B $
  • Debt: 39B $
  • Employees: 38,706 people
  • Market cap: 8.4B $
  • Profits: 431.3M $
  • Revenues: 8B $

dataset Stocks from Commerzbank:

Talking Points:

  • Commerzbank AGCommerzbankHomepage
  • Die Commerzbank-Website bietet Informationen und Services für Kunden, Presse, Anleger, Bewerber und weitere interessierte Nutzer.
  • The bank at your side | Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 30000 corporate client groups and around 11 million private and small-business customers in Germany. The Bank's two Business Segments - Private and Small-Business Customers and Corporate Clients - offer a comprehensive ...
  • Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services. It also provides money market, and commodities and precious metals products; interest, currency, and liquidity management services, as well as wealth management services. The company operates approximately 790 branches. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
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