Tag: Manfred Knoff
Deutsche Bank: Business trips are increasingly undesirable
Deutsche Bank branch The bank wants to further reduce its costs. Therefore, it also strives to reduce business travel expenses. (Photo: dpa) Frankfurt Business trips are also increasingly falling victim…
Deutsche Bank: Business trips are increasingly undesirable
Deutsche Bank branch The bank wants to further reduce its costs. Therefore, it also strives to reduce business travel expenses. (Photo: dpa) Frankfurt Business trips are also increasingly falling victim…
Deutsche Bank: Business trips are increasingly undesirable
Deutsche Bank branch The bank wants to further reduce its costs. Therefore, it also strives to reduce business travel expenses. (Photo: dpa) Frankfurt Business trips are also increasingly falling victim…
Commerzbank
Frankfurt Setback for Commerzbank: Due to concerns of the financial supervisory authority, the institute cannot make Rüdiger Rass the new risk director as planned. Instead, the new chairman of the…
Commerzbank: Technical problems overshadow the general meeting
Helmut Gottschalk The head of the supervisory board has advocated more down-to-earthness at Commerzbank. (Photo: dpa) Frankfurt Helmut Gottschalk certainly imagined his last day as Chairman of the Commerzbank Supervisory…
The new head of the supervisory board wants to maintain independence.
Frankfurt Manfred Knof cheers like a soccer player after the decisive goal in the World Cup final when he rings the bell at the Frankfurt Stock Exchange on February 27th.…
Commerzbank does not convince investors despite the jump in profits – the share collapses
Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. With its outlook for the rest of the year, however,…
Commerzbank is surprisingly expanding its profit – and is allowed to buy back shares
Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. In the first quarter, consolidated earnings almost doubled to 580…
Commerzbank is surprisingly expanding its profit – and is allowed to buy back shares
Commerzbank Commerzbank presents surprisingly good quarterly figures. (Photo: dpa) Dusseldorf Thanks to rising interest rates and the robust German economy, Commerzbank started 2023 with a strong jump in profits. In…
Commerzbank wants a new strategy by the end of 2023
Helmut Gottschalk The new chairman of the supervisory board of Commerzbank was initially underestimated by many. (Photo: dpa) Frankfurt Commerzbank is working on a new strategy and intends to present…
Commerzbank triples profit thanks to interest rate turnaround
Frankfurt Thanks to the turnaround in interest rates and the flourishing lending business, Commerzbank made its highest profit since 2007 last year. The consolidated result climbed to 1.4 billion euros…
Commerzbank triples profit thanks to interest rate turnaround
Commerzbank The private bank published its annual figures on Thursday morning. (Photo: dpa) Frankfurt Interest income from corporate customer business more than tripled Commerzbank’s profit last year. The bottom line…
Commerzbank extends contract with head of corporate customers until 2028
Michael Kotzbauer The corporate customer board wants the bank to continue to have a strong presence in Europe, Asia and the USA. (Photo: Commerzbank AG) Frankfurt After graduating from high…
Review of designated Commerzbank risk chief is dragging on
Commerzbank The institute had to write off 187 million euros due to failed loans to Wirecard. (Photo: dpa) Frankfurt Commerzbank is caught up in the Wirecard scandal when it plans…
Jens Weidmann must be an uncomfortable head of the supervisory board.
Jens Weidman The former President of the Bundesbank is to succeed Helmut Gottschalk as Chairman of the Supervisory Board of Commerzbank in May 2023. When Deutsche Bank introduced Alexander Wynaendts…
Jens Weidmann is to become the new head of the supervisory board
Frankfurt Surprising change at Commerzbank: The former Bundesbank president Jens Weidmann is to become the new chairman of the supervisory board of Germany’s second largest private bank. The 54-year-old is…
Commerzbank profit collapses due to charges in Poland
Frankfurt The long-term crisis at the Polish subsidiary M-Bank ruined Commerzbank’s results in the third quarter. Profits fell by more than half to 195 million euros, as Germany’s second largest…
Bankers and financial supervisors are increasingly clashing
Frankfurt In the struggle for an important banking reform, the European financial sector has achieved a significant stage victory. The finance ministers of the European Union (Ecofin) want to soften…
Commerzbank boss Manfred Knof continues to rely on the federal government
Manfred Knoff The manager emphasizes that he wants to defend Commerzbank’s independence. (Photo: Commerzbank AG Pavel Becker Pavel Becker/ Commerzbank AG) Washington Manfred Knof fears that the various crises will…
ING announces the end of zero interest rates
Frankfurt A few weeks after the interest rate hike by the European Central Bank (ECB), ING in Germany started the fight for customers’ savings deposits. From December 6, the interest…