Edition:
United Kingdom

Jonathan Gould

Germany's Commerzbank cuts nearly 10,000 jobs, halts dividend

30 Sep 2016

FRANKFURT Germany's Commerzbank will cut more than a fifth of its workforce and suspend its dividend as it tackles the challenges of low interest rates, weak profits and the shift to online banking. | Video

EU warns Deutsche Boerse, LSE deal could harm competition

28 Sep 2016

BRUSSELS/FRANKFURT EU antitrust regulators on Wednesday raised a raft of concerns over the proposed $28 billion (£21.56 billion) merger between Deutsche Boerse and the London Stock Exchange , saying it could hinder competition in key financial market activities.

Worries over German banks sink bond issue, rattle shares

28 Sep 2016

FRANKFURT Deutsche Bank shares hit a record low on Tuesday and state-backed lender NordLB scrapped plans for a 500 million euro ($560 million) bond sale, underlining investor concern about the health of the financial industry in Europe's largest economy. | Video

Deutsche Boerse Asia plans sidelined by LSE merger effort

27 Sep 2016

FRANKFURT Deutsche Boerse's expansion plans in Asia have been moved to a side track as the German exchange operator focuses on its $27 billion merger with the London Stock Exchange , three sources familiar with the situation said.

Deutsche Boerse Asia plans sidelined by LSE merger effort

27 Sep 2016

FRANKFURT, Sept 27 Deutsche Boerse's expansion plans in Asia have been moved to a side track as the German exchange operator focuses on its $27 billion merger with the London Stock Exchange, three sources familiar with the situation said.

EU may refuse to sign up to new banking rules - sources

26 Sep 2016

FRANKFURT/LONDON The European Union may opt out of new global rules aimed at preventing another financial crash because officials are worried they put European banks at a disadvantage at a time when they are losing market share to U.S. rivals.

EU may refuse to sign up to new banking rules: sources

26 Sep 2016

FRANKFURT/LONDON The European Union may opt out of new global rules aimed at preventing another financial crash because officials are worried they put European banks at a disadvantage at a time when they are losing market share to U.S. rivals.

Deutsche Bank, Commerzbank held talks about tie-up - source

31 Aug 2016

FRANKFURT Top executives of Deutsche Bank and Commerzbank held talks on a potential combination of Germany's two biggest banks earlier this month, a source familiar with the matter said on Wednesday. | Video

Insight - Cheap money exposes weakness of German banks

31 Aug 2016

FRANKFURT European Central Bank money-printing has exposed the fault lines in Germany's banking system, forcing its sprawling network of lenders to rethink their business models and slash costs.

Frankfurt woos London banks after Brexit vote

18 Aug 2016

FRANKFURT A German politician said on Thursday he was trying to persuade foreign banks to make Frankfurt their home after Britain's vote to leave the European Union, and outlined how Europe's biggest economy wants to bolster its financial capital at London's expense.

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