Commerzbank is considering the sale of up to ... Commerzbank, which will complete its acquisition of Dresdner ... However, Commerzbank confirmed today it is considering the ... Other German banks expected to sell government-backed bonds ... The cost to Commerzbank of selling government-backed paper...
Angela Merkel, the German Chancellor, on Friday joined ... The European Commission on Friday endorsed an amended ... Merkel signalled at raising the level of tax ... In a watered-down version, the EU committed to ... Under the revised structure, fundamentally sound banks’ remuneration...
Credit investors could have more than doubled their ... In a note to clients yesterday, Société Générale ... Société Générale did not execute the trade. It ... CDS contracts are derivative instruments that offer a ... The recommendation was designed to profit from the...
Dresdner Bank chief executive Herbert Walter will not ... Walter had been expected to join the board ... Under the original terms of the takeover Commerzbank ... Martin Blessing, chairman of Commerzbank, said: “We are ... A statement from the bank said: "Herbert Walter...
Nomura on Thursday unveiled its first major layoffs ... Lehman employees will account for nearly 75% of ... The decision follows an internal evaluation after the ... Meanwhile, Nomura has completed the integration of Lehman ... Separately, Michael Reuther, Commerzbank’s investment-banking chief, on Wednesday...
John Duffield, the founder of New Star Asset ... While possible options include hiving off a stake ... Duffield may also sell the business to Martin ... Duffield could acquire New Star himself but this...
Commerzbank on Thursday unveiled a deal to expedite ... Commerzbank, which gets a discount of almost €4.7bn ... Commerzbank no longer needs shareholder approval for finalizing ... Meanwhile, Bavarian Prime Minister Horst Seehofer on Friday...
Commerzbank on Thursday declared a deal to acquire ... The plunge in Commerzbank’s stock price since September ... "We are accelerating the takeover and insuring a ... The transaction, which could now materialise six to...
Allianz will significantly reduce the planned equity stake ... Under plans tabled at the end of August, ... However, under the revised terms, announced yesterday evening, ... Commerzbank, which accepted an €8.2bn ($10.5bn) capital injection ... Under the original terms, Commerzbank would have taken...
Allianz will significantly reduce the planned equity stake ... Under plans tabled at the end of August, ... However, under the revised terms, announced yesterday evening, ... Commerzbank, which accepted an €8.2bn ($10.5bn) capital injection ... Under the original terms Commerzbank would have taken...
European stocks vaulted higher Monday, as investors take ... "Citigroup was a horribly mismanaged company during the ... At around 08:20 GMT, the Dow Jones Stoxx ... Front month Standard & Poor's 500 equity index ... Wall Street's stellar rally late Friday, which saw...
European stocks vaulted higher Monday, as investors take ... "Citigroup was a horribly mismanaged company during the ... At around 08:20 GMT, the Dow Jones Stoxx ... Front month Standard & Poor's 500 equity index ... Wall Street's stellar rally late Friday, which saw...
UBS picked up its third government advisory mandate ... A team of up to eight bankers worked ... The team was led by Stefan Winter, country ... The advisory mandate follows the Swiss investment bank's ... UBS has also advised the Belgian Government on ... Bankers involved in government advisory work said that...
The European Commission is probing Germany’s €8.2bn ($10.5bn) ... Antitrust regulators are examining whether the lender is ... As per the deal, the two tranches of...
The European Commission is probing Germany’s €8.2bn ($10.5bn) ... Antitrust regulators are examining whether the lender is ... As per the deal, the two tranches of...
Commerzbank has received €8.2bn ($10.3bn) in cash and ... The capital allocation will be made in two ... As per the deal terms, Commerzbank investors will ... Although the state will not recruit managers, the ... For the first tranche, Commerzbank will be mandated ... Meanwhile, the bank declared a net loss of...
Commerzbank has been forced to pare back its ... The German lender, which will also secure a ... As a result, Martin Blessing, chief executive of ... Commerzbank said the bulk of the €898m operating ... The results come a week after rival Deutsche ... Deutsche Bank, however, said it did not need...
Société Générale on Monday reported an 84% drop ... Separately, Commerzbank on Monday said it will take ... Net profit dropped to €183m ($235m) from €1.1bn ... The corporate and investment banking unit registered a ... The German bank also said it swung to...