Commerzbank confirms 9,600 job cuts

ReutersNewsPublished: September 29, 20162 views
Published: September 29, 2016

Commerzbank has announced it will cut nearly 10,000 jobs and stop paying dividends for the time being as it restructures to become profitable on a more sustainable basis by 2020. As Sonia Legg reports, the news comes as worries persist over Deutsche Bank despite their shares recovering from record lows.

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