When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Commerzbank (CRZBF) targets cost reductions of €1.4B (US$1.7B) and will cut the equivalent of ~10K full-time jobs by 2024 under its "Strategy 2024" restructuring plan.Will reduce the number of branches to 450 locations across Germany from the current level of 750 locations.Commerzbank anticipates restructuring expenses totaling €1.8B, which will be fully financed with existing funds.Targets return on equity of ~7% for FY2024.