Commerzbank Plans to Cut 4,000-6,000 Jobs by 2016

Jan. 24 (Bloomberg) -- Commerzbank AG, Germany's second-biggest bank, will cut 4,000 to 6,000 jobs over the next four years to reduce costs and meet a profit goal, according to an internal memo obtained by Bloomberg News. Mark Barton and Caroline Hyde report on Bloomberg Television's "Countdown." (Source: Bloomberg)
Analyst Who Saw China Rout Says Underweight EM Stocks
01:03 - Ecstrata's JP Smith discusses the evolution of and outlook for emerging markets with Bloomberg's Pimm Fox on "Bloomberg Markets." (Source: Bloomberg)
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