Commerzbank AG (CRZBF) - OTCPK - Current
  • Tue, May 3, 8:56 AM
    | Tue, May 3, 8:56 AM
  • Tue, May 3, 2:54 AM
    • HSBC's first-quarter earnings fell 18.2%, but beat forecasts, as the British bank grappled with its Asia strategy.
    • Profits also slumped at UBS, as its wealth-management business suffered and its investment bank failed to pick up the slack.
    • BNP Paribas (OTCQX:BNPQF) reported a jump in net income despite difficult markets, following lower provisions against bad retail loans and a debt valuation adjustment.
    • Market turbulence and low interest rates dragged down the earnings of Commerzbank (OTCPK:CRZBY), which posted a 52% drop in Q1 net profit.
    | Tue, May 3, 2:54 AM | 3 Comments
  • Fri, Feb. 12, 6:26 AM
    | Fri, Feb. 12, 6:26 AM
  • Fri, Feb. 12, 4:05 AM
    • Commerzbank (OTCPK:CRZBY) returned to profit in Q4 and announced its first dividend since 2007 after revealing lower bad loan provisions.
    • A raft of new model sales offset a Russia write-down for Renault (OTCPK:RNLSY) as the French carmaker logged a 50% jump in full year profits.
    • Rolls-Royce (OTCPK:RYCEY) slashed its final dividend for 2015, but continued its restructuring efforts with a 20% cut to the top two layers of senior management.
    | Fri, Feb. 12, 4:05 AM
Company Description
Commerzbank is Germany's third-largest private-sector bank with more than Euro444.9 billion in total assets as of Dec 31 2005. Co.'s domestic operations include a network of over 800 branches. Internationally, Co.'s activities are concentrated in Europe and other key markets, including the U.S.... More
Sector: Financial
Industry: Money Center Banks
Country: Germany