Weather Afternoon: 8°c Sunny spells Tonight: 5°c Partly Cloudy Night

News

RSS

Commerzbank AG

Latest articles

Foster's bid no small beer

12.08.11
London based Peroni brewer SABMiller is raising a multi-billion- dollar loan through a banking consortium to launch a renewed bid for Australian brewer Foster's... more

Commerzbank expects a challenging environment

10.08.11
Commerzbank's second quarter profits were all but eliminated by 760 million euros in impairments on its holdings of Greek sovereign debt... more

Bid talk fuels Coal of Africa rise

06.04.11
Rumours of a suitor from Shanghai stoked up Coal of Africa today.... more

London bankers win appeal in battle over £42m bonuses

08.03.11
More than 100 London bankers fighting Germany's Commerzbank over €50 million (£42 million) in unpaid bonuses are celebrating a significant victory in the Court of Appeal... more

Banker 'got the sack for suing over unpaid £1.5m bonus'

11.02.11
A City banker was sacked for suing his bosses after they refused to pay his £1.5 million bonus, a tribunal heard... more

Supply woes push oil towards $100

12.01.11
The price of oil jumps ever closer to the $100-a-barrel mark today, hitting 27-month highs... more

Commerzbank held back to £97m by takeover costs

08.11.10
Commerzbank admits profits have fallen short of forecasts, thanks in part to the costs of its takeover of fellow German bank Dresdner... more

Songbird Estates sets sights on City with ‘Walkie-Talkie’ tower

23.09.10
Canary Wharf owner is eyeing plans to strike into the heart of the City with talks over a joint venture to build the “Walkie-Talkie”... more

Société Générale’s London arm is hit by £1.58m fine

25.08.10
The FSA slaps a £1.6 million fine on the London branch of investment bank Société Générale for financial reporting failures... more

Commerzbank uses recovery to raise profit forecasts

05.08.10
Commerzbank raises its profit forecasts after strong second-quarter results, underscoring the recovery trend among Europe’s banks... more

Jupiter slashes flotation value after market falls

02.06.10
Jupiter Investment Management slashes the value of its planned flotation with one trader saying: "They are clearly pricing this one to go"... more

Dresdner Kleinwort's ex-boss backs London bankers suing for unpaid bonuses

05.05.10
One hundred current and former Dresdner Kleinwort bankers who are suing for about €40 million in unpaid bonuses receive a boost from a witness statement by Stefan Jentsch... more

Commerzbank in court to avoid bankers suing

04.05.10
Germany’s Commerzbank goes to the High Court to try to stop a full trial involving 100 current and former London bankers at Dresdner Kleinwort... more

Commerzbank hit with FSA fine for report failure

27.04.10
The Financial Services Authority continues to flex its regulatory muscle, hitting the London branch of Commerzbank with a £595,000 fine for failing to provide accurate reports on its trading... more

Commerzbank's Dresdner woe goes on with £3.9bn loss

23.02.10
The cost comes clear of Commerzbank's disastrous deal to buy rival Dresdner Bank just after the collapse of Lehman Brothers in September 2008... more

Snow blow sends high street sales skidding into gutter

19.02.10
High street sales fell at their fastest rate in a year and a half last month, with the icy weather stalling household goods and fuel... more

Commerzbank victory over unpaid bonuses

22.10.09
Commerzbank has won a court battle in Germany against 13 Dresdner Kleinwort bankers who were suing for unpaid bonuses ... more

Kleinwort sold to Belgians in £225m deal

15.10.09
One of the oldest names in the City changed hands today, as Kleinwort Benson, whose history dates back to the 1850s, was sold by Commerzbank to Belgian conglomerate RHJ International for £225 million ... more

$1100 on horizon as gold hits a high

07.10.09
Gold powered to a record high today as the weak dollar enticed traders to the precious metal. It hit $1048.20 an ounce before easing slightly ... more

New bonuses lawsuit facing Commerzbank

09.09.09
Commerzbank is poised to face a second class-action-style lawsuit from former Dresdner Kleinwort bankers over unpaid bonuses ... more

City bankers sue for £30million unpaid bonuses

08.09.09
Exclusive: A total of 72 City bankers have sued for £30million in unpaid bonuses in the biggest lawsuit of its kind seen in London... more

Three more join court chase for unpaid Dresdner bonuses

27.08.09
Three more former big hitters at Dresdner Kleinwort in London have launched legal actions against the bank, demanding millions of pounds in unpaid bonuses and severance pay... more

Commerzbank puts up Kleinwort Benson for sale

09.06.09
Germany’s Commerzbank is set to put Kleinwort Benson, one of the City’s most venerable private banks, formally up for sale this week ... more

Dresdner's bonus-action bankers now face the axe

11.03.09
Some of the 250 City bankers planning to sue Dresdner Kleinwort over £50 million in unpaid bonuses face being made redundant this week... more

Dresdner bankers suing for £50m in City bonuses

03.03.09
Hundreds of London bankers are suing for tens of millions of pounds in unpaid bonuses in a landmark case over City pay... more

Dresdner Bank aid talks get under way

06.01.09
Banking: Allianz and Commerzbank have begun talks over state aid from the German government for Dresdner Bank... more

Shares back on the climb after rate cut

07.11.08
London shares stage a surprise rally after a wave of selling following the huge rate cut drove the market down nearly 6%... more

Commerzbank rescue as it loses £225m

03.11.08
Banking: Germany's second-biggest bank plunged into the red, making it clear why it has been forced to tap a government bailout fund... more

German banks 'facing closure'

09.10.08
Credit crunch: Germany's banks will be dragged into consolidation and forced to cut costs in the wake of the global financial crisis, analysts say... more

Commerzbank in dive as Dresdner jobs axe swings

01.09.08
Shares in German banking giant Commerzbank fall more than 8% as investors fret about its £7.3 billion takeover of fellow German bank Dresdner Kleinwort... more


Don't Miss