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Topic: Commerzbank


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In the News (Wed 30 Dec 09)

  
  Commerzbank - Wikipedia, the free encyclopedia
Commerzbank AG was founded in 1870 by individual and merchant bankers in Hamburg.
Commerzbank is mainly active in commercial banking, retail banking, investment banking and mortgaging.
The Commerzbank Tower is Western Europe's highest skyscraper.
en.wikipedia.org /wiki/Commerzbank   (129 words)

  
 Commerzbank Repels Rumours - But For How Long?
Commerzbank’s share price has risen as dramatically over the last two days as it fell over the preceding three.
Commerzbank’s stock fell a further seven per cent, despite Merrill’s protestations that it had been making a routine enquiry and had not adjusted its credit policy towards the German bank.
Commerzbank’s stock was sliding long before the rumours started – a fall of 71 per cent in six months undoubtedly reflects real disappointment with the bank’s performance – and there are also real concerns about its long-term health.
www.erisk.com /ResourceCenter/Credit/CommerzbankRepelsRumours-.asp   (1352 words)

  
 FRB: Press Release -- Approval of proposal of Commerzbank AG -- March 15, 1999
Commerzbank and KEB each controls less than 1 percent of total deposits in depository institutions in each relevant banking market and numerous competitors would remain in each relevant banking market after consummation of the proposal.
Commerzbank has committed that, to the extent not prohibited by applicable law, it will make available to the Board such information on the operations of Commerzbank and any of its affiliates that the Board deems necessary to determine and enforce compliance with the BHC Act, the IBA, and other applicable federal law.
Commerzbank's capital ratios exceed the minimum levels that would be required under the Basle Capital Accord, and are considered equivalent to the capital that would be required of a U.S. banking organization.
www.federalreserve.gov /BoardDocs/press/bhc/1999/19990315   (1541 words)

  
 Commerzbank Tower - Wikipedia, the free encyclopedia
Commerzbank Tower is a skyscraper located in Frankfurt, Germany.
After it was built in 1997, it ranked as the tallest construction in Europe until 2004, and now is only surpassed by Moscow's Triumph-Palace.
With a height of 259 m (850 ft), 56 stories, it provides 121,000 m² (1.3 million square feet) of office space for the Commerzbank Headquarters, including winter gardens and natural lighting and air circulation.
en.wikipedia.org /wiki/Commerzbank_Tower   (169 words)

  
 [No title]
The Commerzbank Group has more than 32,000 employees, some 7,000 of whom are based outside Germany.
A modern financial institution like Commerzbank generates huge amounts of paper—transaction receipts, personnel files, loan agreements, credit documents … Since many documents have to be kept for up to 40 years, this represents literally mountains of paper.
It may come as a surprise, but Commerzbank doesn’t outsource this work, and not only because of the sensitive nature of the confidential data.
www.intel.com /cd/business/enterprise/emea/eng/216186.htm   (304 words)

  
 HP Alphaserver technology helps Commerzbank tolerate disaster on September 11   (Site not responding. Last check: 2007-10-21)
Because Commerzbank relies on OpenVMS wide-area clustering, volume shadowing and AlphaServer GS160 systems from HP, the bank was able to function on September 11 because its critical banking applications continued to run at the primary site and were available from the bank’s remote site.
Commerzbank, North America is a wholesale bank that serves approximately 500 clients, many of whom are Fortune 500 companies.
Commerzbank is located on floors 31 to 34 at the World Financial Center, which is west of the World Trade Center and across the West Side Highway.
h71000.www7.hp.com /openvms/brochures/commerzbank   (1631 words)

  
 CNN.com - Commerzbank posts surprise loss - Feb. 18, 2004
Commerzbank shares, which begin trading in Frankfurt at 0800 GMT, fell 1.3 percent to 15.7 euros via the Instinet electronic brokerage system.
Commerzbank said then that it would not pay a dividend for the year, the fourth time shareholders have gone empty handed in its 134-year history.
After a stellar rise last year -- Commerzbank's stock more than tripled after hitting a low in March -- its shares are still trading at around the same level as at the start of 2004 and have under-performed the DJ Stoxx European banking sector index.
www.cnn.com /2004/BUSINESS/02/18/commerzbank.reut   (1010 words)

  
 CNN.com - Commerzbank to cut 3,100 jobs - Mar. 31, 2003
Commerzbank, Germany's second-largest bank, said on Monday it plans to cut an additional 3,100 jobs in a bid to return to profitability.
Commerzbank posted its first annual loss in its 133-year history as the rate of small and medium-sized company failures in Germany gathered pace -- as Europe's biggest economy struggled to recover from a recession in late 2001.
Commerzbank stock fell 5.4 percent to 6.24 euros in mid-afternoon trading in Frankfurt on Monday.
www.cnn.com /2003/BUSINESS/03/31/commerz   (317 words)

  
 BBC NEWS | Business | Commerzbank in laundering probe
Commerzbank, Germany's fourth-largest lender, has confirmed that five executives and former staff are caught up in a Russian money-laundering probe.
Commerzbank said it was cooperating with the authorities.
"Commerzbank has confirmed that the Frankfurt public prosecutor's office searched its premises on July 19 and 20 in connection with an investigation into suspected money-laundering activities on the part of five current and former members of its staff," the bank said in a statement.
news.bbc.co.uk /go/rss/-/1/hi/business/4713953.stm   (222 words)

  
 CNN.com - Commerzbank posts deeper loss - Feb. 4, 2002
Commerzbank, one of the least profitable banks in Europe, registered its third quarterly loss in 12 months.
Commerzbank (FCBK), joins Europe's biggest bank Deutsche Bank (FDBK) and Swistzerland's Credit Suisse Group, in registering losses as they cut jobs, overhaul their businesses and cover the cost of possible bad loans.
Banks are also under pressure to cut costs as a downturn in global markets and slowing economies weigh on their top-heavy cost structures.
edition.cnn.com /2002/BUSINESS/02/04/commerzbank   (269 words)

  
 Germany’s Commerzbank Caught up in Russia Money Laundering Probe - NEWS - MOSNEWS.COM   (Site not responding. Last check: 2007-10-21)
Commerzbank AG has been caught up in a money-laundering investigation involving Russian telecommunication assets now worth hundreds of millions of dollars that were diverted through a company set up by an ally of Russian President Vladimir Putin, the Wall Street Journal reported on Monday.
Commerzbank said in a statement late on Friday that the Frankfurt state prosecutor had searched its offices last Tuesday and Wednesday.
Commerzbank said on July 18 that de Maiziere, responsible for personnel and services at the bank, would leave on Sept. 30 for personal reasons.
www.mosnews.com /news/2005/07/26/commerzbankprobe.shtml   (588 words)

  
 AttachmateWRQ | Commerzbank Chooses Reflection X to Meet Its Growing Needs
Ehnert is system planning and administration manager for Commerzbank AG, the fourth largest commercial bank in Germany.
Commerzbank has IBM mainframes and Digital Alpha machines, along with their Windows NT servers and workstations.
Although Commerzbank is not currently using all features, the suite also includes compliance with the X11R6.4 standard, which lets X client applications discover more about the X server's graphics capabilities and colormap use.
www.attachmate.com /en-US/CustomerStories/Commerzbank.htm   (706 words)

  
 Commerzbank Says Former Manager Probed Over Russian Money-Laundering - NEWS - MOSNEWS.COM   (Site not responding. Last check: 2007-10-21)
Commerzbank, Germany’s fourth-largest bank, has said that Andreas de Maiziere, a former senior executive who resigned unexpectedly last week, is at the centre of a money-laundering investigation involving the bank’s former links to a Russian telecommunications company, the Financial Times daily reported on Wednesday.
Commerzbank confirmed late on Friday that five current and former staff were under investigation and that Commerzbank offices in Frankfurt had been searched.
Uwe Jansen, a Commerzbank manager responsible for Eastern Europe, confirmed to the FT at the time that the bank used to have a controlling stake in TCI, but that this was sold in mid-2002.
www.mosnews.com /news/2005/08/03/commerzbank.shtml   (592 words)

  
 WJLA - Commerzbank to Take Over Eurohypo   (Site not responding. Last check: 2007-10-21)
Commerzbank signed agreements with Deutsche and Dresdner to buy an additional 66.2 percent of Eurohypo's stock at an average share price of 19.60 euros ($22.88).
Eurohypo was formed in 2002 with the merger of subsidiaries of Dresdner, Deutsche and Commerzbank.
Shares in Commerzbank rose 3.8 percent to 24.23 euros ($28.28) on the Frankfurt stock exchange.
www.wjla.com /headlines/1105/278661.html   (212 words)

  
 Commerzbank Tower, Frankfurt   (Site not responding. Last check: 2007-10-21)
Only the plaza level of Commerzbank's tower is accessible to the public.
Commerzbank Zentrale is officially an extension of the Verwaltungsbau der Commerzbank AG (old Commerzbank headquarters building) which borders the tower.
In December 2003 the Triumph-Palace in Moscow overtook Commerzbank's tower as Europe's tallest high-rise building by structural height.
www.emporis.com /en/wm/bu?id=109691   (220 words)

  
 BBC NEWS | Business | Commerzbank probe widens to chief
Commerzbank said it expected Mr Mueller to be cleared of any wrongdoing.
The current probe is investigating the role of Commerzbank staff in a number of transactions related to Russian telecommunications firm Telecominvest.
News of the widening investigation came amid renewed speculation that Commerzbank could become the target of a foreign takeover.
news.bbc.co.uk /go/rss/-/2/hi/business/4152494.stm   (308 words)

  
 Commerzbank posts deeper loss - Feb. 4, 2002
Commerzbank investor may back takeover bid: report - Sep.
LONDON (CNN) - Commerzbank, Germany's No. 4 bank, posted a fourth-quarter loss as it shed jobs, closed branches and set money aside for possible loan defaults.
Commerzbank ends merger talks with Italy's Unicredito - Sep.
money.cnn.com /2002/02/04/international/commerzbank   (336 words)

  
 Foster and Partners   (Site not responding. Last check: 2007-10-21)
At fifty-three storeys, the Commerzbank is the world’s first ecological office tower and the tallest building in Europe.
The tower has a distinctive presence on the Frankfurt skyline but is also anchored into the lower-scale city fabric, with restoration and sensitive rebuilding of the perimeter structures reinforcing the original scale of the block.
Interestingly, on the day the Commerzbank opened, the Financial Times adopted it as the symbol of Frankfurt, just as it features Big Ben and the Eiffel Tower as symbols of London and Paris.
www.fosterandpartners.com /internetsite/html/Project.asp?JobNo=0626   (364 words)

  
 VMware Success Story | Commerzbank   (Site not responding. Last check: 2007-10-21)
The Need to Restructure IT Founded in 1870, with headquarters in Frankfurt am Main and total assets of over 400 billion euros, Commerzbank is one of the leading private commercial banks in Germany and Europe.
During the course of the IT restructuring of the nationwide transaction banking division, the traditional physical infrastructure proved to be noticeably inadequate as far as costs and flexibility were concerned.
Commerzbank has since implemented many more GSX Server licenses, upgrading its licenses with new releases.
www.vmware.com /customers/stories/commerzbank.html   (951 words)

  
 ABC News: Commerzbank's Mueller Denies Wrongdoing   (Site not responding. Last check: 2007-10-21)
Klaus-Peter Mueller, CEO of Commerzbank, is seen during the bank's annual press conference in Frankfurt, Germany, in this file picture taken Feb. 16, 2005.
BERLIN Aug 17, 2005 — The chief executive of Germany's Commerzbank has denied wrongdoing after prosecutors said they were investigating him as part of a probe into alleged money laundering involving assets from the former Soviet Union.
Commerzbank shares fell 0.9 percent to 20.59 euros ($25.45) in midday trading on the Frankfurt exchange.
abcnews.go.com /Business/wireStory?id=1044747&CMP=OTC-RSSFeeds0312   (307 words)

  
 Commerzbank AG information and related industry information from Hoover's
While Commerzbank isn't treading water, the company has yet to hit its stride in the choppy world of Germany's competitive banking market.
The nation's third-largest bank behind Deutsche Bank and HVB Group, Commerzbank performs corporate and institutional banking, retail banking and real estate, and investment banking.
Commerzbank has a presence throughout Europe and in the US.
www.hoovers.com /commerzbank/--ID__92229--/free-co-factsheet.xhtml   (389 words)

  
 InformationWeek | Commerzbank Data Storage | Commerzbank To Consolidate On IBM Storage Devices | April 1, 2005   (Site not responding. Last check: 2007-10-21)
Apr 1, 2005 03:00 PM Commerzbank AG, one of Germany's largest banks, said Friday that it's consolidating its storage infrastructure, now spread out over more than 100 devices, onto 13 IBM DS8000 devices, to be managed using IBM's Productivity Center software.
The setup, which is scheduled to go into production later this year, will allow different departments within Commerzbank to view the same information at the same time and utilize storage systems more effectively, said Peter Kraemer, head of IT production at Commerzbank, in a statement.
"Commerzbank took a look at its storage and decided the time had come to go from 100 devices down to 13 and gain a more integrated approach to storage management," he says.
www.informationweek.com /story/showArticle.jhtml?articleID=160401583   (585 words)

  
 Commerzbank "underweight" | newratings.com   (Site not responding. Last check: 2007-10-21)
LONDON, October 16 (newratings.com) - Analysts at Merrill Lynch reiterate their "underweight" rating on Commerzbank (COM-EUR).
In a research note published morning, the analysts mention that Commerzbank's Q3 results reveal that the company has been able to cut down costs and keep risks at bay.
The ROE estimate for 2004 is 4.2%, although this percentage could go up to +9%, the analysts say.
www.newratings.com /new2/beta/article.asp?aid=342928   (244 words)

  
 Sybase Inc - Commerzbank AG   (Site not responding. Last check: 2007-10-21)
Using Sybase Integration, CICM Fund Management was able to reduce the number of manual processes and improve the trade cycle times, resulting in a faster and more resource efficient solution.
The company was established by Commerzbank AG in 1990, and distributes funds throughout Germany, Austria, Switzerland, Netherlands, Norway, Malta, and Chile.
That positions Commerzbank and CICM for growth and success in the ever-changing and always challenging world of monetary transactions.
www.sybase.com /detail?id=1033727   (376 words)

  
 Commerzbank warrants website   (Site not responding. Last check: 2007-10-21)
At Commerzbank Securities we aim to provide accurate and current warrant data available, allowing you to reap as much financial benefit as possible from the warrant market.
Our dedicated warrants web site offers detailed, well-maintained information on all warrants issued by Commerzbank Securities and the other issuers in your market.
We aim to put you on the path to becoming a successful investor by placing information and analytical tools - normally used by professionals - at your fingertips.
www.warrants.commerzbank.com   (232 words)

  
 Amazon.com: Commerzbank Frankfurt: Prototype for an Ecological High-Rise, Modell Eines Okologischen Hochhauses: Books: ...   (Site not responding. Last check: 2007-10-21)
Commerzbank Frankfurt: Prototype for an Ecological High-Rise, Modell Eines Okologischen Hochhauses (Hardcover)
by Ian Lambot (Editor), Colin Davis (Editor) "The new headquarters building for Commerzbank in Frankfurt am Main happens to be the tallest building in Europe, but this is not what makes it..." (more)
The new headquarters building for Commerzbank in Frankfurt am Main happens to be the tallest building in Europe, but this is not what makes it worthy of detailed study.
www.amazon.com /exec/obidos/tg/detail/-/3764357401?v=glance   (572 words)

  
 Fair Disclosure Wire: Q2 2005 Commerzbank AG Earnings Conference Call - Final@ HighBeam Research
OPERATOR: Good morning ladies and gentlemen and welcome to the Commerzbank Q2 Figures Conference Call.
ERIC STRUTZ, MEMBER, BOARD OF MANAGING DIRECTORS, COMMERZBANK AG: Good morning everybody, and thank you for the kind introduction.
I'd like to give you some insight into our earnings performance in the second quarter, and the development of each division.
www.highbeam.com /library/doc0.asp?DOCID=1P1:112233011&refid=holomed_1   (210 words)

  
 Norman Foster - Great Buildings Online
Chek Lap Kok Airport, at Hong Kong, 1992 to 1998.
Commerzbank Headquarters, at Frankfurt-am-main, Germany, 1991 to 1997
Hongkong and Shanghai Bank, at Hong Kong, 1979 to 1986.
www.greatbuildings.com /architects/Norman_Foster.html   (479 words)

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