05/06/2013

Commerzbank loses $123M in Q1 due to restructuring

Germany's Commerzbank said Tuesday it lost 94 million euros ($123 million) in the first quarter after taking heavy charges for future job reductions as the bank tries to turn its business around.

04/11/2013

Deutsche Bank to cut 18,000 small Dutch clients

The decision follows a restructuring announced by Germany's biggest business lender in September, including job cuts and asset sales, as part of moves to meet tougher capital rules.