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Commerzbank AG (CRZBY.PK)

CRZBY.PK on OTC Markets Group

23 Feb 2017
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$-0.03 (-0.32%)
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Thu, Feb 23 2017

MOVES-Commerzbank’s Lofts joins Corporates Intl unit

LONDON, Feb 23 Commerzbank’s Graham Lofts will leave his role as head of international loan origination after eight years to join the bank’s Corporates International division as country manager UK Corporates International.

Fitch Affirms Commerzbank at 'BBB+'; Outlook Stable

(The following statement was released by the rating agency) FRANKFURT/LONDON, February 21 (Fitch) Fitch Ratings has affirmed Commerzbank AG's (CBK) Long-Term Issuer Default Rating (IDR) at 'BBB+', Viability Rating (VR) at 'bbb+' and Short-Term IDR at 'F2'. The Outlook is Stable. A full list of rating actions is available at the end of this rating action commentary. KEY RATING DRIVERS IDRS, VR AND SENIOR DEBT The IDRs of CBK are driven by its VR, which reflects CBK's modest profitability, so

UPDATE 3-Commerzbank's weak earnings' outlook disappoints investors

* Follows disappointing Deutsche Bank earnings last week (Recasts, adds CEO comments)

Commerzbank posts flat Q4 earnings, aims for stable costs in 2017

FRANKFURT, Feb 9 Commerzbank reported flat revenues and earnings for the fourth quarter on Thursday, hit by the impact of low interest rates coupled with weak loan demand from German companies.

SocGen says to sell its German online broker to Commerzbank unit

PARIS France's Societe Generale said on Friday it has agreed to sell its German online broker Onvista AG to Commerzbank's online banking unit Comdirect bank AG, as part of its plan to focus on its core and profitable operations.

Return to normalised monetary policy far off -Commerzbank CEO

FRANKFURT, Nov 18 Banks, insurers and consumers are suffering under central banks' low interest rate policies but the situation is unlikely to change any time soon, Commerzbank Chief Executive Martin Zielke said on Friday.

Brexit decision has spurred Frankfurt property sector - Commerzbank CFO

FRANKFURT, Nov 4 Britain's decision to leave the European Union has boosted Frankfurt's real estate market, Commerzbank's Chief Financial Officer Stephan Engels said.

UPDATE 2-Beleaguered Commerzbank aims to eke out 2016 profit after quarterly loss

* Shares down 0.6 pct (Releads, adds share price, analyst comment)

BRIEF-Commerzbank currently has no plans for CoCo bonds - CFO

* Is confident of meeting SREP capital requirements in 2017, 2018

Commerzbank's third-quarter net loss beats analyst consensus

FRANKFURT, Nov 4 Commerzbank posted a 288 million euro ($320 million) net loss in the third quarter, hit by restructuring costs and the impact from low interest rates, coupled with weak loan demand from German companies.

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