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)
What You Need to Know: Greece, China, Jony Ive
28:37 - Bloomberg's Jonathan Ferro briefs you on the day's top stories. (Source: Bloomberg)
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