COMMERZBANK

Commerzbank AG will pay this amount as the lender is gearing up to cut up 2,300 positions between 2021 and 2024.

The overall loan loss provisions for the quarter jumped to €272 million.

Knof will be succeeding Martin Zielke, the current CEO of Commerzbank.

Mandel will step down from his position on the 30th of September 2020.

The German lender has revised its forecast for 2020, now expects to report a net loss for the year.

The regulator has completed its investigation into market manipulation between Commerzbank & CPB.

The dealer-to-client derivatives trading platform was launched at the beginning of this year.

Investors from the Gulf nation have already seen their holdings decline in value by two thirds

The bank believes it can achieve a “slight” increase in revenues in 2019.

The CEO reportedly believes a merger between the two German firms could produce multiple benefits.

The firm wants assurance that the government will back potential job cuts as a result of the merger.

The labor representatives say the merger will kill 30,000 jobs

A series of scandals and poor financial results means the firm may be forced to merge with its rival

Worth EUR 100,000, the deal was carried out using R3's Corda.

The firm has been charged by the CFTC with failing to supervise its swap dealing activities.

The appointment of Roland White follows the strengthening of LMAX's global sales coverage.

Berner joins LBBW after working nearly a decade in the FX space at Commerzbank

7,600 more workers will be out of work as Commerzbank takes a 'lean and mean' approach in 2017.

The German lender is the latest bank to announce job cuts to tackle weak profits and low interest rates.

Commerzbank has announced a number of cuts and a new role for Stefan Schmittmann.

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