10/9/2019, 6:32 AM (Source: TeleTrader)
more TeleTrader news

Commerzbank to cut jobs in private customer business - report

Commerzbank is looking to cut over 1,000 jobs from its private customer business, Handelsblatt reported on Wednesday, citing a workers' committee letter.

However, the bank noted that a final decision is yet to be made.

Earlier, Commerzbank said it is planning to reduce its workforce by 2,300 while a total of 4,300 jobs are expected to be cut across the bank's group.

Baha Breaking News (BBN) / VP