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Showing 11 - 20 of 20 results for "Commerzbank"

Market Wrap

AAP  |  MONDAY, 20 AUG 2012
... Thursday that she backed European Central Bank chief Mario Draghi's position on making sure the euro would not fail. Commerzbank jumped 3.27 per cent to 1.26 euros and Deutsche Bank was 3.53 per cent higher at 26.72 euros. As head of Europe's biggest ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 JAN 2012
... such as France's Societe Generale and Italy's UniCredit, were buoyed by the news that Germany's second-largest bank, Commerzbank, won't need help from shareholders or the government to boost its capital base. France's CAC-40 closed two per cent higher ...

Market Wrap

AAP  |  THURSDAY, 8 DEC 2011
... week, warning that it may cut the European Union's credit rating as well as those for regional banks BNP Paribas, Commerzbank and Deutsche Bank. Ms Lee said many investors were "chasing defensive investments like telecoms" ahead of further news out of ...

Market Wrap- Morning

AAP  |  WEDNESDAY, 23 NOV 2011
... points. Milan was down 1.54 per cent while Madrid shed 1.45 per cent. German stocks were hit by massive losses for Commerzbank of more than 15 per cent, taking the stock to record lows, as investors fretted that Germany's second biggest bank needs more ...

Dead calm

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2011
... screaming, "Stocks slide on weak US growth data" and Bloomberg's "European Stocks Drop as Euro Area Borrowing Costs Rise; Commerzbank Slumps". What could have scared the equities markets off again this time while I slept, I wondered. I checked out the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 JUN 2011
... of which are exposed to Greek debt, have been hit hard in recent days as the Greek crisis intensifies. In Germany, Commerzbank gained 4.58 per cent while Deutsche Bank rose 2.18 per cent. French banks Credit Agricole jumped 3.56 per cent, Societe General ...

Commerzbank sells wealth management arm

COMPANY RELEASE  |  FRIDAY, 16 OCT 2009
Another international bank is divesting its wealth management business to focus on its core business as Commerzbank sells its UK wealth management division, Kleinwort Benson, to RHJ International. RHJ International owns Kleinwort Benson Channel Islands ...

Super cushions local asset managers

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... their capital base. Contrary to events unfolding overseas, where companies such as Spanish bank Santander, German bank Commerzbank and Belgian bank Fortis have either sold or in the process of selling their asset management arm, Australian managers such ...

Conflicting rate calls

MARK STORY  |  TUESDAY, 22 JAN 2008
... original 2008 growth projection from 2.2 per cent to 1.8 per cent. Based on these numbers Michael Schubert, economist at Commerzbank AG in Frankfurt is now predicting two (rate) cuts by October after initially projecting one in the fourth quarter. Attributable ...

Microfinance bonds attract major instos

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
... to fund micro loans in developing economies. Institutions to get involved so far include Citigroup, Deutsche Bank, Commerzbank, HSBC, ING, ABN AMRO, and Morgan Stanley, who has just underwritten a A$130 million bond that will provide loans to an estimated ...
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