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Tag: Movers and Shakers

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 […]