#commerzbank ag

[grumpyseaman]

Credit Suisse shares tank after Saudi backer rules out further assistance

Shares of Credit Suisse hit a fresh all-time low for the second consecutive day as the bank's biggest backer says it can't provide more financial help.

[youthchronical]

UniCredit and Commerzbank square off with target hikes amid takeover battle

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Two months since UniCredit played its opening move to woo German lender Commerzbank, the lenders flaunted their financial strength as one of Europe’s largest banking mergers still hangs in balance. Both banks reported third-quarter results on Wednesday, with…

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[uniqueeval]

Commerzbank board member warns of job losses with hostile UniCredit

15 February 2024, Hesse, Frankfurt/M.: The lettering “Commerzbank” can be seen on the Commerzbank Tower in the center of the banking city. Boosted by the turnaround in interest rates, Commerzbank is aiming for another profit increase after a record year. Photo: Helmut Fricke/dpa (Photo by Helmut Fricke/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty…

Commerzbank board member warns of job losses with hostile UniCredit

[youthchronical]

Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it’s raised 34 million euros ($36.9 million) from leading European banks, including UBS and Commerzbank. Doconomy, which offers tools to help bank customers…

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[70thnews]

Credit Suisse shares tank after Saudi backer rules out further assistance

Shares of Credit Suisse hit a fresh all-time low for the second consecutive day as the bank's biggest backer says it can't provide more financial help.

[reportwire]

European banking stocks sink as Silicon Valley Bank jitters spread

European banking stocks sold off sharply in early trade Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world. It followed an announcement by the tech-focused lender of a capital raise to help offset bond sale losses. The Euro Stoxx Banks index was on pace for its worst day since June, led by a decline of more-than 8% for Deutsche…

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