Tag: Manfred Knof
Commerzbank wants to expand foreign business with corporate customers
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt At Commerzbank, discussions on the strategy for the coming years…
The Austrian Bernd Spalt will be the new head of risk
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt After Thomas Schaufler and Sabine Mlnarsky, Commerzbank has signed another…
Deutsche Bank & Commerzbank: Downhill after Cerberus exit
Frankfurt A commitment to the German banking sector looks different: The US financial investor Cerberus sells a good 46 million shares in Deutsche Bank and Commerzbank because it apparently no…
Deutsche Bank & Commerzbank: Downhill after Cerberus exit
Frankfurt A commitment to the German banking sector looks different: The US financial investor Cerberus sells a good 46 million shares in Deutsche Bank and Commerzbank because it apparently no…
Malus for Managed in Germany – Handelsblatt Morning Briefing
Good morning dear readers, it is one of the great riddles of capitalism: German goods are in great demand all over the world – to be read from the huge…
Half full or half empty glass? – Handelsblatt Morning Briefing
On Boxing Day I once again experienced what, for lack of a better term, I like to call the “Germany feeling”: A long freeway drive back from relatives. The names…
Manfred Knof warnt vor Risiken 2022
Die Commerzbank stellt sich in den nächsten Monaten auf Gegenwind ein. „2022 wird nicht nur wegen der Coronakrise ein herausforderndes Jahr“, warnt Vorstandschef Manfred Knof im Gespräch mit dem Handelsblatt.…
Lagarde signals further economic aid after the corona crisis
Frankfurt Exchange of blows between the ECB and the German financial elite: While the CEOs of the largest German private banks are calling for a break from the long-term low…
The state’s exit would be good in perspective
Manfred Knof The Commerzbank boss is concentrating on restructuring the group, including cutting thousands of jobs. (Photo: Bloomberg) Frankfurt, Berlin CEO Manfred Knof has been working almost around the clock…
Commerzbank agrees on details of the group restructuring
Commerzbank The board of directors wants to prevent redundancies if possible, but has not ruled them out as a last resort. (Photo: dpa) Frankfurt The Commerzbank top has agreed on…
Commerzbank returns to profitability
Frankfurt When the Commerzbank is being rebuilt, light can be seen at the end of the tunnel. The institute returned to the black in the third quarter and is now…
Commerzbank returns to profitability
Frankfurt Commerzbank returned to the black in the third quarter. Thanks to lower costs for the group restructuring as well as lower burdens from impending loan defaults, the institute posted…
Commerzbank returns to profitability
Commerzbank branch According to bank boss Manfred Knof, the implementation of the strategy continues. (Photo: dpa) Frankfurt Commerzbank, which is in the middle of renovation, returned to profitability in the…
Commerzbank boss attacks savings banks and Volksbanks
Manfred Knof “It would be better for the profitability of the German banking system if we leave this model behind.” (Photo: Commerzbank AG Pavel Becker Pavel Becker / Commerzbank AG)…
Cerberus is considering buying state stake
Commerzbank At Commerzbank, many would find it good if the state, as an anchor shareholder, stayed with it for some time during the reorganization of the institute. (Photo: dpa) Frankfurt,…
Cerberus is considering buying state stake
Commerzbank headquarters in Frankfurt The institute wants to cut 10,000 full-time positions worldwide by 2024 and close 340 branches in Germany. (Photo: Bloomberg) Frankfurt, Düsseldorf Job cuts, staff quarrels, red…
Biden’s Exertion in California – Handelsblatt Morning Briefing
According to US media reports, Newsom was able to fend off the vote of no confidence. “I am humble and grateful for the millions and millions of Californians who have…
Insider unpacks about “Greenwashing” – Handelsblatt Morning Briefing
Today, at the beginning of this wake-up call, we want to take a deep breath in the campaign finals and, for a change, deal with Armin Laschet’s attempts to catch…
Armin Laschet, candidate without trust – Handelsblatt Morning Briefing
was that the turning point of the turning point? Did Armin Laschet come across the studio like a thunderbird in the media self-exaltation of the “TV triell” and gave hope…