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Commerzbank's Q1 net profit drops by half

Germany's Commmerzbank has reported a steep drop in first-quarter earnings, with volatile markets and low interest rates hitting its business with German medium-sized companies especially hard.
Business • 03 May 16

Commerzbank names retail bank head Zielke as CEO

Germany's Commerzbank has named retail banking head Martin Zielke as its next chief executive officer from May 1, as the country's second-biggest lender prepares to set medium-term targets.
Business • 07 Mar 16

Commerzbank posts Q4 profit on lower provisions

Commerzbank returned to profit in the fourth quarter as provisions for bad loans fell thanks to Germany's robust economy.
Business • 12 Feb 16

Commerzbank to pay dividend for 2015, CEO to leave

Commerzbank will pay a dividend for the first time since 2007 as its recovery gains ground, but is losing its chief executive Martin Blessing.
Business • 02 Nov 15

Commerzbank's net profit triples as revenue grows

Commerzbank's third-quarter net profit tripled to €225m as earnings in its retail and corporate banking units rose and costs for bad loans fell.
Business • 06 Nov 14

US investigating Commerzbank over money laundering

Germany's second largest bank Commerzbank is under investigation in the United States for violating money-laundering rules, a source close to the case has said.
Business • 30 Sep 14

US regulators begin talks with Commerzbank

US authorities have begun settlement talks with Germany's Commerzbank and Deutsche Bank over their dealings with countries blacklisted by the US, a source has said.
Business • 08 Jul 14

Commerzbank profits sag on loan losses

German bank Commerzbank saw its second-quarter profit slide as it continued to take losses on bad property and shipping loans.
Business • 08 Aug 13

Commerzbank lost €94m on restructuring

Commerzbank said it lost €94m in the first quarter of this year after taking heavy charges for future job reductions as the bank tries to turn its business around.
Business • 07 May 13

Recovering Commerzbank returns to profit in Q3

Commerzbank saw profits held back in the third quarter as interest income declined and costs rose from businesses it is leaving in order to strengthen its finances.
Business • 08 Nov 12

Commerzbank earnings rise in second quarter

Germany's Commerzbank posted a near six fold increase in second-quarter earnings.
Business • 09 Aug 12

Moody's cuts German, Austrian bank ratings

Moody's Investors Service cut the credit ratings of six German banking groups and Austria's three-largest banks today.
Business • 06 Jun 12

Bankers win bonus lawsuit against Commerzbank

A group of London investment bankers today won their High Court battle to receive a total of €50m in unpaid bonuses.
Business • 09 May 12

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