Commerzbank

147 results about this entity

Period: 07 Feb 2005 - 09 Oct 2025

/cloud

Commerzbank enters five-year relationship with Google Cloud

Commerzbank has entered a five-year partnership with Google, that will see more applicatons moved to the cloud and delivery of on-the-fly updates to software code.

Commerzbank and creditshelf extend strategic partnership

creditshelf Aktiengesellschaft and Commerzbank AG are deepening their strategic cooperation and expanding it to include Commerzbank's Private and Small-Business Customers segment.

/markets

Rabobank executes real-time commercial paper transaction using blockchain technology

Rabobank has completed the first real-time commercial paper transactions using blockchain technology, following a successful two-year pilot in partnership with Commerzbank and Euroclear.

/people

Commerzbank to axe one in three German jobs

Commerzbank will cut 10,000 jobs and close 340 branches by 2024 as it focusses on digitisation in an effort to slash cost and ensure profitability.

/retail

Cost of Commerzbank job cuts rises

Commerzbank has reached agreement with the Group Works Council about the planning of restructuring measures in the period from 2021 to 2024.

/cloud

Commerzbank taps LPA cloud tech for post trade digitalisation

LPA Group, the capital market technology and innovation leader, today announced it has launched Capmatix Post-Trade, a new post trade digitalization solution, developed to help banks drive significant agility and efficiencies through automation.

/sustainable

Commerzbank makes climate risks in its portfolio transparent and comparable

Commerzbank has been official supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since the beginning of September 2020.

/wholesale

Wirecard debacle costs Commerzbank €175 million in bad loans

Germany's Commerzbank has written off €175 million in loans made to collapsed payment processor Wirecard, a figure which is likely to push the bank into the red for the full year.

/startups

CommerzVentures invests $6m in insurtech Concirrus

Leading specialty analytics insurtech, Concirrus has today announced that CommerzVentures has made a $6 million investment into the business.

/people

Commerzbank chairman and CEO step down

The Presiding and Nomination Committee of the Supervisory Board of Commerzbank has discussed in its meeting today the offer of Martin Zielke to resign early as a Board Member of Commerzbank AG on the basis of a mutual termination of his Board Membership.

/crime

FCA hits Commerzbank with £37.8 million fine for AML failings

The FCA has today fined Commerzbank AG (London Branch) £37,805,400 for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017.

/wholesale

İşbank and Commerzbank carry out Marco Polo transaction

Commerzbank and İşbank have run an international trade finance transaction on the Marco Polo blockchain network.