Commerzbank AG Chief Executive Officer Bettina Orlopp is revamping how the lender caters to the rich in a push to boost fee income as she seeks to fend off a potential takeover by UniCredit SpA.
Commerzbank, a private lender based in Germany, announced on Tuesday that it is setting up a new division devoted to wealthy clients and businesses. The creation of a division for ultra-high-net-worth ...
Commerzbank agreed to buy a majority stake in asset manager Aquila Capital for an undisclosed price, as it seeks to expand fee and commission income by adding investment boutiques. The German lender ...
Commerzbank's Q2 net profit nearly doubles to €898M, stock nears 52-week high on UniCredit takeover speculation and strong wealth management growth. The numbers tell a story of a bank firing on all ...
Commerzbank AG is stepping up efforts to provide wealth management services for the ultra rich, as it seeks to boost fee income and fend off an unsolicited approach by rival UniCredit SpA. The ...
Commerzbank posts record H1 profit of €1.8B, launches €1.2B buyback, and expands wealth management to counter UniCredit's takeover bid. The math behind Commerzbank's defense strategy is becoming ...
FRANKFURT, Jan 4 (Reuters) - Commerzbank expects other lenders to follow Credit Suisse's move to sell its private bank in Germany, creating opportunities for Commerzbank to expand its wealth ...
No-moat Commerzbank reported third-quarter operating profit of EUR 1.116 billion, up 25% on a sequential basis driven by a better risk result performance. With the tailwind of higher interest rates ...
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