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 rates, as it presented a…
FRANKFURT (Reuters) – Shares of Commerzbank were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, aiming for a return of…
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 for 2024. It also expects…
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 be announced in November. The…
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 New York Mellon liable for…
MOSCOW (Reuters) – RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank, Russian court…
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 how banks treat Swiss franc…
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 discussions with the European Central…
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. 2 lender after it was…
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 maternity discrimination and harassment case…
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 to stand for a new…
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 that a recession in Germany…
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 mBank unit booked additional provisions…
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 bailout more than a decade…
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. Commerzbank, which is undergoing a major overhaul involving…
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 its stake in the lender…