Latest in Tag: Commerzbank Highlight
Latest in Tag: Commerzbank
German bailed-out lender Commerzbank has posted a net loss of several million euros in the third quarter, hit by restructuring costs and the impact from low interest rates.
Media reports have suggested that Germany’s Commerzbank will have to slash thousands of additional jobs to make the lender more profitable again. The cuts will be part of a larger restructuring drive.