Commerzbank likely to give up Frankfurt HQ as it focuses on cost cutting – report (CRZBF:OTCMKTS)

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5 months ago

Entrance to the Commerzbank — artas/iStock Editorial via Getty Images

Commerzbank (OTCPK:CRZBF) is planning to exit its landmark Frankfurt headquarters as part of a significant cost-cutting initiative aimed at improving profitability and defending against ongoing pressure from UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) as it seeks a