Author: Daisy Luther

Another Nail in Germany’s Economic Coffin: Commerzbank Cuts Out Jobs and Shareholders’ Profits

Another Nail in Germany’s Economic Coffin: Commerzbank Cuts Out Jobs and Shareholders’ Profits

Hot on the heels of  the Deutsche Bank debacle comes the next nail in Germany’s economic coffin. Germany’s second largest bank, Commerzbank is planning to cut almost 10,000 jobs over and will stop paying dividends to shareholders. These actions will take place over...