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Commerzbank AG (CRZBY.PK)

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1 Jul 2016
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Thu, Jun 30 2016

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Commerzbank to cut over 100 jobs in New York

FRANKFURT German bank Commerzbank is to cut more than 100 jobs in its New York office as it streamlines certain operations in order to focus more on investment banking, an executive said.

Commerzbank to cut over 100 jobs in New York

FRANKFURT, June 30 German bank Commerzbank is to cut more than 100 jobs in its New York office as it streamlines certain operations in order to focus more on investment banking, an executive said.

Commerzbank offers peer-to-peer lending platform for small business

FRANKFURT, June 21 Germany's Commerzbank has launched a peer-to-peer lending platform to match small businesses seeking funding with institutional clients wanting improved investment returns.

Commerzbank nears 1 million new retail customer goal

FRANKFURT, June 16 Germany's Commerzbank is closing in on a multi-year target of adding 1 million new retail customers to its client base, the head of that business said on Thursday.

Exclusive: Commerzbank considers hoarding billions to avoid ECB charges - sources

FRANKFURT Commerzbank, one of Germany's biggest lenders, is examining the possibility of hoarding billions of euros in vaults rather than paying a penalty charge for parking it with the European Central Bank, according to sources familiar with the matter.

BRIEF-Commerzbank launches cash tender offer

* Invited holders of us $150 million subordinated bonds due Jan 15, 2023 to offer to sell their bonds for purchase by co for cash Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

UPDATE 1-UBS taps ex-Commerzbank boss Blessing to head Swiss business

ZURICH/FRANKFURT, May 11 UBS has appointed ex-Commerzbank Chief Executive Martin Blessing to head its Swiss business, Switzerland's biggest bank said on Wednesday, adding a sector heavyweight to its executive board.

UBS to name ex-CEO of Commerzbank to board -Manager Magazin

FRANKFURT, May 11 Swiss lender UBS has recruited former Commerzbank Chief Executive Martin Blessing to join its management board, Manager Magazin reported in its online edition on Wednesday, citing company sources.

Commerzbank inquiry uncovers dividend stripping: Handelsblatt

FRANKFURT An internal investigation at Commerzbank has uncovered cases of an equity trading strategy known as "cum-ex" or "dividend stripping", German daily Handelsblatt reported, citing financial sources.

Commerzbank first quarter earnings halve, shares slump

FRANKFURT Germany's Commmerzbank warned its investors to expect little from 2016 as it reported a steep drop in first-quarter earnings, sending its shares tumbling.

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