Commerzbank - updates

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UK fines Commerzbank over money laundering failures

Jun 17, 2020 - 9:00 PM

Commerzbank is ordered to pay a fine of almost £38 million ($47.9 million)

Picture taken on May 13, 2020 shows the logo of German bank Commerzbank on one of the bank's branches in Berlin. - Germany's second-largest lender Commerzbank sank into a loss in the first quarter as it took a hit of 479 million euros over the coronavirus pandemic, it said Wednesday, May 13, 2020. (Photo by John MACDOUGALL / AFP)

Germany's two top banks launch merger talks to create national 'champion'

Mar 17, 2019 - 10:45 PM

German bank Commerzbank says it 'agreed today to start discussions with an open outcome on a potential merger' with Deutsche Bank

MERGER? Germany's top lenders, Deutsche Bank and Commerzbank, plan to launch formal exploratory talks toward a possible merger, national media reported on March 17, 2019, following months of preliminary negotiations. AFP File photo