Commerzbank targets 2 million new clients

Frankfurt

COMMERZBANK aims to add two million retail and small business customers over the next four years, part of a revamp to boost earnings that will also see it cut thousands of jobs.

Germany's second biggest lender detailed its new strategy on Friday as the chief executive of Deutsche Bank sought to reassure staff and investors that the country's largest bank remained robust after fears over its stability sent tremors through financial markets.