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Commerzbank Will Not Propose A Dividend For 2019
Commerzbank Confirms 2019 Results And Merger Contract With Comdirect
Commerzbank CEO Says We Want To Sell Mbank But Not At Any Price
Commerzbank AG is a bank for private and corporate customers. The Bank's business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions. The Mittelstandsbank segment is divided into the three Group divisions: Mittelstand Germany, Large Corporates & International, and Financial Institutions. The Central & Eastern Europe (CEE) segment comprises the universal banking and direct banking activities. The Corporates& Markets consists of four main businesses: Equity Markets & Commodities; Fixed Income & Currencies; Corporate Finance, and Credit Portfolio Management. The Non-Core Assets (NCA) segment groups together the results from Commercial Real Estate, Public Finance (including Private Finance Initiatives) and Deutsche Schiffsbank (DSB) divisions.
Kaiserstrasse 16 (Kaiserplatz)
Independent Chairman of the Supervisory Board
Chairman of the Management Board
Honorary Chairman of the Supervisory Board
Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board
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Commerzbank's Finance Chief Bettina Orlopp said on Wednesday that the lender was reviewing its strategy for its Polish subsidiary mBank after ditching a sale of the business earlier this year.
Commerzbank <CBKG.DE> on Tuesday laid out plans that will allow the German bank to raise up to 3 billion euros (2.7 billion pounds) in capital.
Commerzbank said on Tuesday that it has launched a program to issue additional tier 1 (AT1) capital.
Germany's Commerzbank <CBKG.DE> said on Wednesday it swung to a loss in the first quarter as the impact of the coronavirus pandemic drove up loan loss provisions and risked derailing its recovery.
Germany's Commerzbank on Wednesday said that it swung to a first-quarter loss, as the lender undergoes a restructuring and deals with the fall-out of the coronavirus outbreak.
In an expected u-turn, German lender Commerzbank <CBKG.DE> said on Monday that it would not sell its Polish subsidiary mBank <MBK.WA>, citing poor market conditions.
In an expected u-turn, German lender Commerzbank said on Monday that it would not sell its Polish subsidiary mBank, citing poor market conditions.
The credit agency S&P said on Thursday that it had cut Commerzbank's <CBKG.DE> credit rating by a notch and lowered its outlook for Deutsche Bank <DBKGn.DE> to negative from stable, as prospects for the lenders grow increasingly bleak amid the coronavirus outbreak.
The credit agency S&P said on Thursday that it had cut Commerzbank's credit rating by a notch and lowered its outlook for Deutsche Bank to negative from stable.
Commerzbank <CBKG.DE> will not extend the right to name soccer team Eintracht Frankfurt's home stadium after the end of June 2020 when it expires after 15 years, it said in a press release on Wednesday.
Fitch has put Deutsche Bank <DBKGn.DE> on a negative credit outlook and cut the rating of Germany's second biggest listed lender Commerzbank <CBKG.DE> to BBB due to the coronavirus crisis.
Commerzbank <CBKG.DE> said on Monday that it will not propose a dividend for 2019.
German companies are rushing to take advantage of a state-backed programme for emergency financing as they deal with the fallout from the coronavirus outbreak, bankers said on Tuesday.
Commerzbank <DBKGn.DE> said on Friday that consolidated profit in 2020 may be significantly lower than in 2019, depending on the amount of restructuring expenses it books.
Commerzbank <CBKG.DE> is still planning to sell its Polish arm mBank <MBK.WA> but only at the right price, the company's finance chief said on Thursday.
The German lender Commerzbank said on Tuesday that it had not yet seen any direct effect on its business due to the spread of the coronavirus.
Commerzbank in Frankfurt is working with split teams in some important operational areas as a precaution against the coronavirus, a spokesman said.
Poland's biggest oil refiner, PKN Orlen <PKN.WA>, has sued Commerzbank-owned <CBKG.DE> mBank <MBK.WA>, along with Mastercard <MA.N>, Visa <V.N> and another bank, for 636 million zlotys ($162.07 million) in damages relating to interchange fees charged in the mid-2000s, mBank...
Capital Group has increased its stake in Commerzbank <CBKG.DE> to 4.82% from 2.93%, a regulatory filing showed, making the Los Angeles-based investor one of the German bank's largest shareholders.
Capital Group has increased its stake in Commerzbank to 4.82% from 2.93%, according to a regulatory filing, making the Los Angeles-based investor one of the bank's largest shareholders.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.