after criticism of constant strategy changes and chaotic days commerzbank is the radical restructuring really bringing more speed
The European Reserve Bank Pushes for Accelerated Restructuring Initiatives Commerzbank, Germany’s second-largest lender, is facing pressure from the European Reserve Bank (ECB) to expedite its restructuring efforts. The top financial regulator in the region has expressed concerns about the bank’s lackluster performance and inflated cost base. In a frank assessment, an ECB official, who attended …