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Which strategies will Commerzbank use to improve profitability by December 31, 2025?
2
Resolution / Starting Odds
Cost-cutting measures • 25%
Revenue increase strategies • 25%
Both cost-cutting and revenue increase • 25%
No significant improvement • 25%
Commerzbank's financial reports and public statements
Story
Commerzbank Plans Job Cuts to Counter UniCredit's 28% Stake and German Government's Opposition
Jan 18, 2025, 04:56 PM
Commerzbank, Germany's second-largest private bank, is considering cutting thousands of jobs as part of a strategy to fend off a potential takeover by Italy's UniCredit, according to the Financial Times. The move is aimed at demonstrating to shareholders that the bank can remain competitive and profitable independently. The bank plans to present these strategies, including job cuts and possibly moving roles outside Germany, at a capital markets day on February 13. This comes after UniCredit increased its stake in Commerzbank to 28%, prompting concerns about a hostile takeover. The German government has expressed opposition to UniCredit's approach, and the bank's management is under pressure to improve profitability and shareholder returns to maintain its independence.
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Similar markets
Remains second-largest private bank • 25%
Other • 25%
Drops to third-largest • 25%
Becomes largest private bank • 25%
Change in board composition • 25%
No change in leadership • 25%
Major restructuring announced • 25%
Change in CEO • 25%
Reduced stake below 28% • 25%
Increased stake to 30% without takeover • 25%
Launched a takeover bid • 25%
Maintained stake at 28% • 25%
No significant change • 25%
Stake reduction or divestment • 25%
Full takeover of Commerzbank • 25%
Partial merger or partnership • 25%
Stake increases to 29.9% • 25%
Stake decreases • 25%
Stake remains at 28% • 25%
Stake exceeds 29.9% • 25%
Opposed to UniCredit's stake • 25%
Initiated defensive measures • 25%
Supportive of UniCredit's stake • 25%
Neutral stance • 25%
No acquisition interest • 25%
Continued acquisition interest • 25%
Other developments • 25%
Partnership or alliance • 25%
Yes • 50%
No • 50%
Regulatory investigation initiated • 25%
No regulatory action • 25%
Regulatory approval required • 25%
Regulatory restrictions imposed • 25%