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Commerzbank sees strong 2022
Commerzbank swung to better than expected fourth-quarter. And that is despite a major haul over their annual net profit. Profit this year will exceed 1...
Commerzbank shares fall after finance minister says govt to shed stake in future
Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade. This is after Germany’s Finance Minister said that the government would not keep its stake...
ECB tells banks to step up defences against hacks
The European Central Bank is telling euro zone banks zone to step up their defences against cyber-attacks. The ECB’s supervisor stated that this is also in...
Meta weighs on US shares, European stocks rise after rout
Wall Street shares finished broadly lower, while European stocks rose following five straight weeks of declines and European bond yields soared on speculation of...
UK pension schemes could face over concentration risks
UK pension schemes face increasing over-concentration risks in their corporate bond holdings. This is by following the downgrade of EDF, says AXA IM. On...