Commerzbank

Commerzbank plans 3,900 job cuts as it outlines growth plans amid UniCredit battle

The German lender has increased profitability targets as it looks to fend of a potential acquisition by UniCredit

2 min read

Deutsche Bank, Commerzbank shares plunge after large investor offloads stakes

The shares were offered at around 7% discounts to their previous trading levels; shares of Deutsche Bank fell 10%, while Commerzbank fell more than 8%

3 min read

Watchdog slaps Commerzbank with £38m fine over money laundering failures

Commerzbank failed to conduct 'timely periodic due diligence on its clients' and to address 'long-standing weaknesses' in an automated money laundering prevention tool

Fed hammers Deutsche Bank over money-laundering controls

The US regulator also slapped the bank for failing to solve problems that led it to classify its US operations as being in

Top UBS banker: Europe bank mergers to come ‘a lot earlier’ than expected

Whole industries will have to be rethought amid the pandemic, and M&A will increase as weaker players struggle, says Javier Oficialdegui.

Commerzbank explores the final frontier: space tech

Welcome to your weekly roundup of the latest developments in financial tech and innovation

4 min read

T07DKN 02 January 2019, Hessen, Frankfurt/Main: The Deutsche Bank logo is reflected in a high-rise facade. Photo: Andreas Arnold/dpa | usage worldwide

Deutsche Bank has ‘run out of road’ and needs big cuts, say experts

End of merger talks with Commerzbank leaves Deutsche facing painful choices over its investment bank, analysts and shareholders say

6 min read

Sightseers photograph the Commerzbank HQ in Frankfurt

Collapse of merger talks throws Commerzbank into play

The German lender does not lack for suitors now that Deutsche is out of the picture

4 min read

Deutsche and Commerzbank merger talks break down

‘Combination would not be in the interests of either bank’s shareholders or other stakeholders’

4 min read

Deutsche-Commerzbank merger could rest on mountain of ‘badwill’

Combined bank could recognise a profit of more than $18bn using an obscure accounting method

4 min read