Recent events
Recent events tied to this brand in public sources.
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2026
BaFin fines Nomura over delayed Commerzbank voting-rights disclosures
Germany's markets regulator BaFin fined Nomura Holdings 320,000 euros, saying the company failed to disclose voting rights in Commerzbank on time during UniCredit's takeover bid. BaFin said the fine related to incidents in May and June 2026.
2021
Commerzbank agrees headcount reduction measures
Commerzbank and employee representatives agreed on headcount-reduction arrangements. The bank said it planned to reduce full-time positions by around 10,000 gross by 2024, primarily through retirement arrangements, resulting in a net reduction of around 7,500 positions.
2021
Commerzbank announces planned branch closures
Commerzbank announced plans to reduce its branch network from 790 branches to 450, closing more than 340 branches as part of its restructuring.
2021
Commerzbank proposes restructuring with 10,000 job cuts
Commerzbank proposed a major restructuring that would include 10,000 job cuts and reduce its German branch count from 790 to 450. The bank said its draft strategy would be discussed by the supervisory board on February 3.
2021
Commerzbank announces plan to cut about 10,000 jobs
Commerzbank announced a plan to cut about 10,000 full-time positions by 2024, affecting about one-third of its jobs. The cuts were presented as a plan, not as completed layoffs.
2020
Deutsche Bank and Commerzbank announce further cuts
In early December, Commerzbank and Deutsche Bank announced austerity measures involving substantial staff reductions and branch closures. Deutsche Bank planned to close 200 additional branches over the next two years and cut 350 jobs in central private-customer departments.
2020
Commerzbank appoints Manfred Knof as chairman
Commerzbank's supervisory board appointed Dr. Manfred Knof as the new Chairman of the Board of Managing Directors, subject to ECB approval.
2020
Converse Bank receives Euro STP Excellence Award 2019
Converse Bank received the Euro STP Excellence Award 2019 from Commerzbank AG for operational excellence in processing international transfers via SWIFT.
2020
FCA fines Commerzbank London £37,805,400
The FCA fined Commerzbank AG (London Branch) £37,805,400 for failing to maintain adequate anti-money laundering systems and controls between October 2012 and September 2017.
2020
Commerzbank signals planned branch and staff cuts
A Commerzbank supervisory board member said the bank would announce substantially more branch closures and job cuts during its August strategic review. The cuts were plans, not reported as already implemented.
2020
Trad-X added two German banks to its Trad-X D2C platform
Trad-X announced that Commerzbank and DekaBank had been added to its Trad-X D2C dealer-to-client derivatives trading platform.
2019
Ardshinbank receives Trade Finance Award 2018
Ardshinbank received the Trade Finance Award 2018 from German Commerzbank in recognition of excellent partnership.
2019
Commerzbank withdraws 2019 revenue-growth outlook
Commerzbank said it was no longer anticipating a rise in underlying revenues for 2019, citing a deteriorating market environment.
2019
Commerzbank appoints CFO and head of human resources
Commerzbank appointed compliance head Bettina Orlopp as chief financial officer and named Sabine Schmittroth head of human resources.