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LONDON (CBS.MW) -- Allianz , Munich Re and Commerzbank said Wednesday they will sell their combined stake in Germany truck maker Man AG , which represents 24.2 perent of the company. The 35.6 ...
Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has signed a 15-year rental contract for a new high-rise office in Frankfurt.
German stocks dropped for the first time in four days as earnings reports from UBS AG, Hypo Real Estate Holding and Swiss Reinsurance Co. reignited concern that losses from the credit-market ...
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival BNP Paribas ; its stock market value is barely a quarter of Spain’s ...
Commerzbank CBK-0.64%decrease; red down pointing triangle plans to cut thousands of jobs in a bid to boost profitability and shareholder returns as it fends off an unwanted approach from Italy’s ...
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
MUNICH -- A German court has ruled in favor of an investor in the VIP 4 media fund, who was suing the financial institution that was selling shares in the fund, Commerzbank, in what may be a ...
The announcement by the world's biggest reinsurer, Munich Re, that it had increased its stake in Germany's Commerzbank AG has sparked renewed speculation about a shake-out in the country's crowded ...
Commerzbank shares soared on Wednesday when news of UniCredit's position was announced, ... The Italian bank already has a presence in Germany through its Munich-based lender HypoVereinsbank.
Commerzbank is not alone in thinking about how to respond. Some savings banks in Bavaria have also explored storing physical cash. And Nikolaus von Bomhard, chief executive of Munich Re, ...