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Commerzbank Annual General Meeting Voting results May 31, 2023 At the AGM 275... | June 6, 2023

After years of dispute, warning strikes and most recently four rounds of negotiations, employees of Commerzbank subsidiary ComTS have an in-house collective agreement for the first time. This is... | March 31, 2023

FRANKFURT (Reuters) - Spain's Santander is the only major bank operating in Germany that has not announced a special payment to local staff to help th...

Germany: Commerzbank employees confront phalanx of government, company and unions The Supervisory Board of Commerzbank approved the CEO’s “ Strategy 2024 ” on Wednesday. Starting in 2024, costs are to be reduced by €1.4 billion a year and return on equity increased to 7 percent. To do this, the bank will cut 10,000 full-time positions and close 340 of its 790 branches. Headquarters of the Commerzbank (right) in Frankfurt The works council and the Verdi trade union are represented on the Supervisory Board, which has equal representation. As the Supervisory Board has no formal decision-...

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