Tag: Commerzbank

European stocks sink after weak business surveys

Market participants are still unconvinced that a trade deal between the two countries is likely anytime soon. Wall Street had fallen, however, on Friday...

Commerzbank sees uphill struggle to boost profits in 2019

FRANKFURT AM MAIN: Germany's second-biggest lender Commerzbank on Wednesday said second-quarter profits were steady, but cautioned any increase in the full-year bottom line looked increasingly...

Commerzbank’s targeted rise in 2019 net profit “ambitious”

FRANKFURT: Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the...

Commerzbank hires ING’s Roland Boekhout as new head of corporate clients

FRANKFURT: Commerzbank is hiring ING's Roland Boekhout as its new head of corporate clients, replacing Michael Reuther from January, the two banks said on Thursday. Boekhout,...

Commerzbank may tweak strategy after Deutsche Bank talks collapse

GERMANY: Commerzbank may tweak its strategy following the collapse of merger talks with its larger rival Deutsche Bank, the lender's chief said on Wednesday. Chief Executive...

Commerzbank to hold supervisory board meeting to discuss strategy: sources

FRANKFURT: Commerzbank plans to hold an extraordinary meeting of its supervisory board on May 21 to discuss strategy, people familiar with the matter said on...

Commerzbank sees no immediate alternative deal after Deutsche

MUNICH: Germany's Commerzbank on Wednesday played down the prospects of an immediate takeover approach by a foreign bank following failed merger talks with Deutsche Bank. Commerzbank's...

Commerzbank confirms 2019 objectives as Q1 profits tumble

Frankfurt: Germany's second-largest lender Commerzbank said Wednesday it was sticking to full-year forecasts for 2019 even as profits halved in the first quarter, after merger...

Failure of Deutsche Bank-Commerzbank merger talks no surprise

FRANKFURT: The failure of merger talks between Deutsche Bank and Commerzbank was "not a surprise", a German official said on Tuesday. The statement by Raimund Roeseler,...

Commerzbank shareholder welcomes Deutsche Bank deal collapse

LONDON: The collapse of merger talks between Commerzbank and Deutsche Bank is good news, a top Commerzbank shareholder said on Thursday, adding he expects an...