Commerzbank Q3 net profit more than triples, beats expectations
FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest …
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Commerzbank shares up 11% after forecasts for bigger profit returns
FRANKFURT (Reuters) – Shares of Commerzbank were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, …
Commerzbank forecasts bigger profit returns for investors
FRANKFURT (Reuters) – Germany’s Commerzbank said on Thursday it was revamping its payout policy for investors, aiming for a return of least 70% of profit …
Commerzbank shares fall after report on strategy review
FRANKFURT (Reuters) – Shares of Commerzbank were down 3.4% late on Friday after a German newspaper reported details of the lender’s new strategy plans to …
US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed most of a lawsuit where Germany’s Commerzbank sought to hold Bank of …
Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank
MOSCOW (Reuters) – RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche …
Commerzbank to book further provision for mBank after court ruling
FRANKFURT (Reuters) – Germany’s Commerzbank said on Friday that it would book another provision of 342 million euros ($372.27 million) following a court ruling on …
Commerzbank executive drops out of running for board after talks with ECB
FRANKFURT (Reuters) – Ruediger Rass, an executive with Germany’s Commerzbank, has decided to remain in his current role rather than join the management board following …
In comeback, Commerzbank to join Germany’s DAX blue-chip index
FRANKFURT (Reuters) – Germany’s Commerzbank will rejoin the DAX index on Feb. 27, Deutsche Boerse announced late on Friday, marking a comeback for Germany’s No. …
Ex Commerzbank female banker seeks $707,000 over discrimination, harassment
By Kirstin Ridley LONDON (Reuters) – A former London-based Commerzbank compliance officer is seeking almost 580,000 pounds ($707,000) in compensation after winning a sex and …
Ex-Bundesbank boss Weidmann to be nominated as Commerzbank supervisory board head
BERLIN (Reuters) – Former Bundesbank chief Jens Weidmann is to be a candidate to become chairman of Commerzbank’s supervisory board after Helmut Gottschalk decided not …
Commerzbank foresees difficult fourth quarter – intranet post
FRANKFURT (Reuters) – Commerzbank’s top executives told employees on Friday that the next three months will be the hardest this year for the bank and …
Commerzbank to take 490 million euro Q3 hit due to mBank unit
FRANKFURT (Reuters) -Germany’s Commerzbank said on Tuesday it would take a 490 million euro ($471 million) hit to its third-quarter operating profit after its Polish …
German finance minister damps speculation of sale Commerzbank stake
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a …
Commerzbank says board member Schmittroth to leave bank
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. Commerzbank, which is …
Commerzbank shares fall after finance minister says govt to shed stake in future
BERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep …