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…
WARSAW (Reuters) – Moody’s has downgraded the long-term deposit ratings of mBank and changed the outlook to negative from “under review” citing risks stemming from the legacy of Swiss franc…
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…
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did not expect the government to…