Commerzbank planning to cut 4,300 jobs as part of strategic review
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FRANKFURT (Reuters) - Commerzbank announced on Friday it was planning to cut jobs and reduce branches as part of an overhaul and review of its strategy.The German lender is also looking to sell a stake in its Polish subsidiary mBank , while absorbing its Comdirect online brokerage unit. Commerzbank said the draft measures would be discussed at a meeting of the supervisory board on Sept. 25 and 26. No decisions have been made, the bank said.The bank would cut 4,300 jobs, while adding 2,000 jobs..