Germany's trade union Verdi on Wednesday said it estimated that around 3,000 jobs will be cut at Commerzbank ( id="symbol_CBKG.DE_0">CBKG.DE) by 2016 under a negotiated severance deal.
_0">The trade union was negotiating job cuts in Germany. The 3,000 cuts do not include staff reductions at Hypothekenbank Frankfurt, a unit formerly known as Eurohypo.
(Reporting By Edward Taylor)