A top manager at Commerzbank told German lawmakers on Thursday the bank was a victim of fraud surrounding the collapsed payments company Wirecard, as he laid out how the lender was deceived by executi
Commerzbank said on Friday it would write off existing goodwill of 1.5 billion euros ($1.84 billion) and also increased its risk provisions related to the coronavirus pandemic.
Commerzbank appointed a new board member to oversee the German lender's corporate business on Friday after his predecessor left over differences about the division's future, the bank said on Friday.
Commerzbank AG (CRZBF) Q3 2020 Results - Earnings Call Transcript
Commerzbank, Germany's second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy. Facing
Nov.05 -- Commerzbank AG Chief Financial Officer Bettina Orlopp discusses the impact of economic uncertainty on business operations and the outlook for cost reductions after Germany's second-largest l
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