Description:
Commerzbank plans to eliminate more than 9,000 Banking jobs. Shares from the company dropped by 12 percent, with a loss of $2billion dollars off its market value due to company announcement that it [...]
Description:
Commerzbank plans to eliminate more than 9,000 Banking jobs.
Shares from the company dropped by 12 percent, with a loss of $2billion dollars off its market value due to company announcement that it would purchase 60 percent of Dresdner Bank.
Commerzbank will gain 11 million retail customers in Germany due to the sale.
This move will mark the bank as a Top 20 bank in Europe.
Video added on: 03-09-2008 06:05:12
Categories:
News
Classifieds
Computing, Internet
Advertising
Keywords:
video
banking and financecrossing
german company to cut 9
000 bank
Language: English
Shooting location:
n/a
Video address: http://video.tomshardware.co.uk/video/iLyROoafYGar.html
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