Tag: Martin Zielke

Activity, Corporate Banking

Commerzbank plans 10,000 job cuts as CEO and chairman step down

July 8, 2020

Via: Banking Technology

The news follows CEO Martin Zielke and chairman Stefan Schmittmann stepping down from their roles at the top of the German bank earlier this week. The pair were under pressure from vocal Commerzbank shareholders, major investor Cerberus Capital Management, and […]


Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger

March 8, 2019


Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]