The German government's plans to reduce its stake in Commerzbank after bailing the bank out during the global financial crisis is a positive signal that business is back to normal, its deputy chairwoman told a banking conference on Wednesday.
Deutsche Bank Chief Executive Christian Sewing told a banking conference on Wednesday that he was concentrating on Deutsche Bank, not on the German government's plan to reduce its stake in Commerzbank.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Commerzbank AG (OTCPK:CRZBF) Q2 2024 Results Conference Call August 7, 2024 3:00 AM ET Company Participants Manfred Knof - CEO Bettina Orlopp - CFO Conference Call Participants Benjamin Goy - Deutsche Bank Johannes Thormann - HSBC Kian Abouhossein - JPMorgan Chris Hallam - Goldman Sachs International Tobias Lukesch - Kepler Cheuvreux Vishal Shah - Morgan Stanley Stefan Stalmann - Autonomous Res...
Germany's Commerzbank said on Wednesday that net profit fell 4.8% in the second quarter, in line with expectations, and it confirmed its full-year targets.
Disclaimer
Diese Mitteilung enthält in die Zukunft gerichtete Aussagen. Dabei handelt es sich um Aussagen, die keine Tatsachen der Vergangenheit beschreiben. Solche Aussagen in dieser Mitteilung betreffen unter anderem die erwartete zukünftige Geschäftsentwicklung der Commerzbank, erwartete Effiz...
Dutch bank ING Groep is looking for more local mergers and acquisitions focused on targets with a developed digital offering, its CEO said on Thursday, adding that Germany's Commerzbank did not fit the bill.
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