Commerzbank AG is a German banking and financial services company based in Frankfurt, Germany. Commerzbank is Germany's second-largest listed bank. The bank is present in more than 50 countries around the world and provides almost a third of Germany's trade finance.
German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs on Monday, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on.. Reuters - Published
According to Reuters, Deutsche Bank and Commerzbank confirmed on Sunday that they were in talks about a merger. Germany’s two largest banks issued short statements, indicating a quickening of pace in..
According to a report by Reuters, on Saturday, an unnamed 'person with knowledge of the matter' said that the management board of Deutsche Bank has agreed to hold talks with its rival, Commerzbank, on..
A magazine report says Deutsche Bank and Commerzbank's chief executives have resumed talks over a potential merger. But as Pascale Davies reports, sources have told Reuters that the banks' top managers..
Commerzbank shares rallied strongly after Germany's number 2 lender beat expectations with its quarterly results. But Credit Suisse failed to ignite much love from investors despite reporting its first..
Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday. Reuters - Published
Commerzbank is working with investment banks Goldman Sachs and Rothschild, as well as with law firm Hengeler Mueller, on a potential deal with Deutsche Bank, people close to the matter said on Monday. Reuters - Published
Frank Bsirske, chief of the Verdi labor union and a supervisory board member at Deutsche Bank, is "more than skeptical" about the prospect of a merger of that bank with Commerzbank, he said on Monday. Reuters - Published
Merger talks between Deutsche Bank and its smaller rival Commerzbank are a private commercial decision, the leader of the German center-right SPD party, Andrea Nahles, said on Monday. Reuters - Published
After months of informal talks and weeks of increasingly fevered speculation, DeutscheBank chief executive Christian Sewing finally got the green light he needed to proceed with negotiations on a.. WorldNews - Published
A potential merger between Deutsche Bank and rival Commerzbank does not signal a new wave of banking consolidation in Europe, the chairman of Italy's biggest retail lender Intesa Sanpaolo said on.. Reuters - Published
The German government will closely observe talks between Deutsche Bank and its rival Commerzbank on a possible merger but it is up to them to take any commercial decision, a government spokesman said.. Reuters - Published
Chancellor Angela Merkel's chief of staff said the government was looking into the issue of job cuts, after a workers' union said that a merger of Deutsche Bank and its rival Commerzbank could result.. Reuters - Published
A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over the long term, a representative of German union Verdi who is a Deutsche supervisory board member told.. Reuters - Published
Shares in Deutsche Bank and its smaller German peer Commerzbank were indicated to open higher on Monday after the two lenders on Sunday confirmed merger talks. Reuters - Published Also reported by •WorldNews
A merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the head of labor union Verdi said in a media interview on Monday, a day after the two banks confirmed they were discussing the.. Reuters - Published
Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a.. Reuters - Published
BERLIN, March 13 (Reuters) - German Finance Minister Olaf Scholz has faced calls from a conservative ally to clarify his role in talks about a possible merger between Deutsche Bank and Commerzbank,.. WorldNews - Published