Commerzbank with operating result of more than €1bn after nine months - Positive net result expected for the full year
● Strong third quarter with operating result of €472m and net result of €403m ● Revenues after nine months at €6.36b…
● Strong third quarter with operating result of €472m and net result of €403m ● Revenues after nine months at €6.36b…
Revenues in first half year of €4.35bn (H1 2020: €4.12bn) reflect robust customer business Low risk result of minus €235…
. • Framework arrangements concluded for announced headcount reduction by end of 2024 • Remaining provisions for the hea…
Closure of a further 190 branches planned in current year More than 80% of headcount reduction already targeted for year…
Announced cornerstones of “Strategy 2024” confirmed Supervisory Board supports content and technical aspects of strateg…
Milbank advised EMH Digital Growth Fund GmbH & Co. KG and its co-shareholders on the sale of a majority of their shares…
Internal successor of Michael Kotzbauer, who has been responsible for the corporate clients business at Commerzbank AG a…
. Roland Boekhout, Member of the Board of Managing Directors of Commerzbank responsible for the Corporate Clients segm…
Underlying revenues in second quarter of 2020 increased to €2.3bn (Q2 2019: €2.1bn) – significant growth in net commissi…
● Up to EUR 400m fresh money for innovative businesses ● Support of EU bank provided under Investment Plan for Euro…