Tag: Rationalization and redevelopment
The bank’s strong figures also show its weakness
Commerzbank headquarters The bank is one of the beneficiaries of rising central bank interest rates. (Photo: dpa) Frankfurt Thanks to the turnaround in interest rates, Commerzbank is doing really well…
The bank’s strong figures also show its weakness
Commerzbank headquarters The bank is one of the beneficiaries of rising central bank interest rates. (Photo: dpa) Frankfurt Thanks to the turnaround in interest rates, Commerzbank is doing really well…
Commerzbank increases profit with strong customer business
Construction work on the logo Despite the burdens caused by the war in Ukraine and the cooling of the German economy, the bank expects a profit of more than one…
Lufthansa is now also threatened with a pilot strike
Frankfurt After a warning strike by ground staff on Wednesday paralyzed almost all of Lufthansa’s flight operations, the next industrial dispute is already looming: the members of the Vereinigung Cockpit…
Lufthansa is in a permanent crisis: now the pilots’ strike is threatening
Frankfurt After a warning strike by ground staff on Wednesday paralyzed almost all of Lufthansa’s flight operations, the next industrial dispute is already looming: the members of the Vereinigung Cockpit…
Herbert Diess dispenses with the half-year balance sheet
Herbert Diess The outgoing VW CEO is officially in office until August 31, but will not take part in the current balance sheet presentation. (Photo: Reuters) Dusseldorf The VW Group…
Credit Suisse slides deeper and deeper into the crisis – Ulrich Körner takes over as CEO
Facade of the Credit Suisse bank The global uncertainty weighs on the mood of bank customers across Europe. (Photo: imago images/Geisser) Zurich Endless crisis at Credit Suisse: The second largest…
Credit Suisse slides deeper and deeper into the crisis – Ulrich Körner takes over as CEO
Facade of the Credit Suisse bank The global uncertainty weighs on the mood of bank customers across Europe. (Photo: imago images/Geisser) Zurich Endless crisis at Credit Suisse: The second largest…
Lufthansa is threatened with relegation from the world league
Pilots in a Lufthansa Airbus A380 The pilot association Vereinigung Cockpit is currently letting the pilots of the core Lufthansa brand vote on strike measures. (Photo: picture alliance/dpa) Frankfurt Can…
In the case of Herbert Diess, the supervisory board also failed
VW boss Herbert Diess The replacement of Herbert Diess as VW boss was delayed for a long time by the supervisory board. (Photo: Reuters) Despite the abrupt expulsion: Herbert Diess…
Continental is above expectations, but below the prior-year quarter
Continental logo The Hanover-based automotive supplier exceeded analyst forecasts in the second quarter. But the group continues to have problems restructuring its core business. (Photo: dpa) Munich, Dusseldorf The automotive…
6000 flights canceled – no end in sight?
Passengers at Frankfurt Airport There will continue to be problems in air traffic in the coming weeks. (Photo: dpa) Frankfurt Michael Niggemann is a lawyer and likes to stick to…
Kühne increases at Lufthansa
Lufthansa jet approaching Frankfurt Airport The logistics entrepreneur Klaus-Michael Kühne has acquired Europe’s largest Arline Group and is now the largest single shareholder. (Photo: IMAGO/Arnulf Hettrich) Frankfurt Klaus-Michael Kühne uses…
Flight chaos causes a heated debate on the Lufthansa board
A Lufthansa Airbus A330-300 is being loaded The Lufthansa staff accuses the group board of having seen the pandemic as an opportunity for long-term cost reduction. (Photo: IMAGO/UPI Photo) Frankfurt…
Flight chaos causes a heated debate on the Lufthansa board
A Lufthansa Airbus A330-300 is being loaded The Lufthansa staff accuses the group board of having seen the pandemic as an opportunity for long-term cost reduction. (Photo: IMAGO/UPI Photo) Frankfurt…
Sabine Mlnarsky becomes Head of Human Resources – Chromik leaves
Sabine Mlnarsky The 47-year-old lawyer will be the new Chief Human Resources Officer at Commerzbank. (Photo: dpa) Frankfurt The backing of chairs on the Commerzbank board continues: the supervisory board…
Lufthansa: Crisis worries investors
Lufthansa boss Carsten Spohr The CEO of Europe’s largest airline group has to answer questions from the supervisory board about the current flight chaos on Wednesday. (Photo: dpa) Frankfurt Investors…
Lufthansa: Crisis worries investors
Frankfurt Investors are concerned about the chaos at Lufthansa. “The Lufthansa management said it wanted to rely heavily on private travelers. That’s exactly what you’re scaring away by leaving them…
Airline files for bankruptcy in the US
SAS aircraft in Copenhagen Collective bargaining between the Scandinavian airline and its pilots failed on Monday. (Photo: VIA REUTERS) Stockholm The badly hit airline SAS has applied for bankruptcy protection…
Deutsche Bank boss Sewing: Inflation threatens social peace
Christian Sewing “We are heading into a decade of high volatility, uncertainty, complexity and ambiguity,” Sewing said. (Photo: Bloomberg) Frankfurt Deutsche Bank boss Christian Sewing calls on the central banks…