Commerzbank

Commerzbank Corporates & Markets (C&M) is the integrated Corporate and Investment Banking division of Commerzbank AG, providing corporate and institutional clients with a comprehensive range of commercial and investment banking products.

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LATEST

Judge approves Commerzbank sanctions deal

Gavel

Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.

Commerzbank said poised to settle sanctions investigations

Dollars

Commerzbank is poised to put a half-decade of legal woes behind it as it prepares to settle parallel U.S. investigations into sanctions violations and allegations about the bank’s role in one of Japan’s biggest accounting scandals, according to two people familiar with the matter.

Commerzbank on the rise

Commerzbank Logo

Commerzbank's third-quarter net profit tripled to 225 million euros as earnings in its retail and corporate banking units rose and costs for bad loans fell, in a sign that the bank's turnaround plan was gaining traction.

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Commerzbank on the rise

Commerzbank's third-quarter net profit tripled to 225 million euros as earnings in its retail and corporate banking units rose and costs for bad loans fell, in a sign that the bank's turnaround plan was gaining traction.

The Comedy Bank - No One's Laughing Any More

Commerzbank has had a torrid time of it in the last few years. A record annual loss in 2003, followed by the shake up of its investment banking unit a year later. The unit significantly shrunk its London presence, closed its prop trading desks, cut back in New York, and pulled out of Toyko. Some staff were even said to have been canned over a internal TV hook-up! Commerzbank became known as the 'comedy bank' to staff and outsiders alike. But very few are laughing now.

Cityboy Uncovered - He Worked At.............

Yep, that 'brash, suited FT-carrying idiot' has been outed. Writing this last couple of years for the londonpaper under cover of 'City Boy', he has now revealed his true identity. Cityboy spent the last 8 or so years of his City career at Dresdner Kleinwort, where he was a top-rated research analyst.

Which Firm Has Got The Worst Switchboard ? (Updated)

One of our team just tried to call up a contact at HSBC Investment Bank. Using the switchboard (as usual) proved a disaster. He hung up twice because he was was fed up waiting for the phone to be answered, but managed to get through on the 19th ring on the third occasion.

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Julius Baer agrees to buy Commerzbank in Luxembourg

Julius Baer has announced that it has agreed to acquire Commerzbank International SA Luxembourg (‘CISAL’), a well-established and fully-licensed private banking franchise with close to EUR 3bn ($3.23bn) assets under management, from Commerzbank.