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YEN.com.gh on MSNCommerzbank commits to strategy as UniCredit ups direct stakeGerman lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...
The deal takes Commerzbank's stake to nearly 80%, it said. "The shares, based on a contractual agreement with T-Online, will be acquired at a price near the stock market price," Commerzbank said.
The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...
Germany's Commerzbank has resolved a brief network problem that resulted in a temporary shutdown of its online and mobile banking services, a spokesperson said on Wednesday.
Germany's Commerzbank said on Wednesday that online and mobile banking services were down due to a network problem.
German financial watchdog BaFin has ordered Commerzbank to pay a fine of 1.45 million euros ($1.55 million) for breaching its anti-money laundering duties, the regulator said on Monday.
Commerzbank AG Chief Executive Officer Bettina Orlopp said Europe needs bigger banks, but deals to create them will only make sense if regulatory barriers between countries are broken down first.
FRANKFURT (Reuters) -Germany's Commerzbank has resolved a brief network problem that resulted in a temporary shutdown of its online and mobile banking services, a spokesperson said on Wednesday.
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