Germany' second biggest bank Commerzbank is mulling thousands of job cuts to help it repel a possible takeover bid by Italy's second-biggest bank UniCredit, the Financial Times reported Saturday.


tag:reuters.com,2025:binary_RC2CCCAIYJ3U-BASEIMAGE

ANSA

Italy

Commerzbank 'mulls thousands of cuts to repel UniCredit'

German lender under pressure to cut costs and boost returns after unwanted approach from UniCredit.

Media Bias/Fact Check

The Straits Times

Singapore Press Holdings

Singapore

Commerzbank explores thousands of job cuts as it seeks to fend off UniCredit, FT reports

The second-largest German private bank could once again cut thousands of jobs. It wants to prevent the takeover by Italian Unicredit and show that it can also survive on its own.

Die zweitgrößte deutsche Privatbank könnte erneut tausende Arbeitsplätze streichen. Sie will die Übernahme durch die italienische Unicredit verhindern und zeigen, dass sie auch eigenständig überleben kann.

Commerzbank erwägt im Übernahmekampf Abbau tausender Stellen

Sueddeutsche Zeitung

Südwestdeutsche Medien Holding

Munich

Upper Bavaria

Bavaria

Germany

Commerzbank is considering cutting thousands of jobs in takeover battle

Commerzbank is considering cutting several thousand jobs in an attempt to reject UniCredit's unwanted advances. The plan, reports the Financial Times, should be presented to the unions in the coming weeks and be included in the updated strategy that the CEO of Commerz, Bettina Orlopp, will present on February 13 with the aim of demonstrating that the bank can improve profitability and remuneration for its shareholders even on its own. The redund…

Commerzbank sta valutando il taglio di alcune migliaia di posti di lavoro nel tentativo di respingere le avances indesiderate di UniCredit. Il piano, riferisce il Financial Times, dovrebbe essere presentato ai sindacati nelle prossime settimane e confluire nell'aggiornamento della strategia che la ceo di Commerz, Bettina Orlopp, presenterà il 13 febbraio con l'obiettivo di dimostrare che la banca può migliorare la redditività e la remunerazione …

Commerzbank: possibile taglio di migliaia di posti per respingere UniCredit

Quotidiano Nazionale

Commerzbank: possible cut of thousands of jobs to reject UniCredit

Germany' second biggest bank Commerzbank is mulling thousands of job cuts to help it repel a possible takeover bid by Italy's second-biggest bank UniCredit, the Financial Times reported Saturday. (ANSA)

The German bank Commerzbank, the subject of Unicredit's aims, is considering cutting several thousand jobs in an attempt to stem the interest of the Italian group. The plan, reports the British newspaper Financial Times, should be presented to the unions in the coming weeks and will be included in the updated strategy that the new CEO, Bettina Orlopp, will present on February 13. According to the FT, most of the job cuts could be offset by a gre…

La banca tedesca Commerzbank, oggetto delle mire di Unicredit, sta valutando il taglio di alcune migliaia di posti di lavoro nel tentativo di arginare l’interessamento del gruppo italiano. Il piano, riferisce il quotidiano inglese Financial Times, dovrebbe essere presentato ai sindacati nelle prossime settimane e confluire nell’aggiornamento della strategia che la nuova amministratrice delegata Bettina Orlopp, presenterà il 13 febbraio. Secondo …

Commerzbank valuta licenziamenti per aumentare la reddittività e contrastare le mire di Unicredit

Il Fatto Quotidiano

Rome

Metropolitan City of Rome

Lazio

Commerzbank evaluates layoffs to increase profitability and counter Unicredit's aims

According to a report in the Financial Times, Germany's second-largest private bank could cut numerous jobs - also as part of a strategy to prevent a takeover. February should bring certainty.

Einem Bericht der „Financial Times“ zufolge könnte die zweitgrößte deutsche Privatbank zahlreiche Arbeitsplätze streichen - auch als Teil einer Strategie gegen eine Übernahme. Der Februar dürfte Gewissheit bringen.

Commerzbank prüft laut Medienbericht Abbau tausender Jobs

rnd.de

According to media report, Commerzbank is considering cutting thousands of jobs

Germany's second-largest bank is resisting a possible takeover from Italy. According to the Financial Times, the company is considering drastic steps.

Deutschlands zweitgrößte Bank wehrt sich gegen eine mögliche Übernahme aus Italien. Laut »Financial Times« erwägt das Unternehmen dabei drastische Schritte.

Commerzbank könnte Tausende Stellen streichen

Spiegel

Commerzbank could cut thousands of jobs

The Italian Unicredit wants to continue to increase its shares in Commerzbank, perhaps even take it over. The German financial institution wants to prevent this, if necessary with a drastic cut. According to a report, thousands of jobs could be saved.

Die italienische Unicredit will weiterhin ihre Anteile an der Commerzbank erhöhen, sie vielleicht sogar übernehmen. Das deutsche Geldinstitut will das verhindern, zur Not auch mit einem harten Schnitt. Einem Bericht zufolge könnten Tausende Arbeitsplätze eingespart werden.

Betriebsrat wird bald informiert: Commerzbank will mit Jobabbau Unicredit-Übernahme verhindern

n-tv.de

Bertelsmann Stiftung

Works council will soon be informed: Commerzbank wants to prevent Unicredit takeover by cutting jobs

Commerzbank wants to prevent a purchase by Unicredit. To do so, it must keep its shareholders on board and become more profitable and efficient. First clues as to how this should be achieved have now been penetrated.

Die Commerzbank will einen Kauf durch Unicredit verhindern. Dafür muss sie ihre Aktionäre an Bord halten und rentabler und effizienter werden. Erste Hinweise, wie das gelingen soll, sind jetzt durchgedrungen.

Commerzbank explores thousands of job cuts in answer to Andrea Orcel

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