Commerzbank building

Commerzbank CET 1 Capital Ratio Increased to 11.8%

Operating profit of €429 m for third quarter 2016 compared to €351 m for second quarter 2016 (Q3 2015: €452 m) CET 1 capital ratio increased to 11.8% as ... Read More

It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick

These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the ... Read More

Commerzbank eyes at least 5,000 job cuts

Commerzbank AG’s management is eyeing cuts of at least 5,000 jobs, or more than 10% of its workforce, and eliminating one of its units as part of a broader ... Read More
An oil pump is seen in Lagunillas

Oil extends gains after big U.S. crude stock draw

Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. ... Read More

Oil Prices Slide as Oversupply Comes Back Into Focus

Oil prices fell to a three-week low after a second day of steep losses from rising U.S. stockpiles. Crude is now on a four-session losing streak, its longest in ... Read More
Commerzbank building

Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger

Shares in Commerzbank  (CRZBY)   and Deutsche Bank  (DB)  rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said ... Read More

Europe expected to retreat at open

European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX ... Read More
Motors BMW

European stocks dragged lower

European stocks capped their worst three-day decline since February as miners plunged and lenders fell on earnings reports. By the close in Dublin, the ISEQ Overall Index was down ... Read More

Gold Prices Up On Investor Jitters

Gold prices are trading higher on investor jitters, as lower oil prices and falling equity markets increase the appeal of this haven asset. Spot gold is up 0.55% at ... Read More
pimco headquarters

Pimco’s $12 Billion Standoff Over Austria Bad Bank

Filings show bond funds bought distressed debt in 2014 German banks have biggest incentive to take Hypo Alpe offer As the health of banks roils markets anew, the last financial crisis ... Read More
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