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Top Stories on Commerzbank

Commerzbank Profit Falls Short of Estimates on Asset Sale - Bloomberg

Commerzbank AG (CBK), Germany?s second- biggest lender, reported profit that fell short of analysts? estimates after saying it would sell its stake in Ukraine?s Bank Forum JSC and take a charge of 286 million euros ($351 million).

UPDATE 1-COMMERZBANK sees H1 operating profit around 1 bln euros - Reuters UK

FRANKFURT, July 30 (Reuters) - Germany's second biggest lender, Commerzbank AG, is selling its Ukrainian unit, Bank Forum, as it pulls out of Eastern Europe after expansion plans in the region failed to live up to expectations. Commerzbank ...

Commerzbank Sees EU286 Million Pretax Burden From Asset Sale - Businessweek

Commerzbank AG (CBK) agreed to sell its 96 percent stake in Ukraine?s Bank Forum JSC, resulting in one-off pretax charges of 286 million euros by the closing of the deal. The transaction, which will reduce the German lender?s risk weighted ...

Commerzbank sells Ukrainian offshoot Bank Forum - YAHOO!

Germany's number-two bank Commerzbank early Tuesday announced the sale of its Ukrainian subsidiary Bank Forum for an undisclosed sum, but at a charge to the German bank of 286 million euros. Commerzbank added in a statement it expected second quarter ...

Goldman Sachs Fund Said to Buy Berlin Building From Commerzbank - Businessweek

A fund managed by Goldman Sachs Group Inc. (GS) (GS) agreed to buy a building near Berlin?s Brandenburg Gate valued at about 150 million euros ($184 million) from Commerzbank AG (CBK), two people with knowledge of the matter said. The sale of ...

Forex Flash: USD/CAD defensive with support at 1.0000 - Commerzbank - FXStreet.com

FXstreet.com (Barcelona) - Having eroded the 61.8% Fibonacci retracement of the April-to-June rise at 1.0047, the market became defensive, exposing the psychological support at 1.0000, ahead of 0.9932/26 (13-month support line): ?The market is on the ...

Forex Flash: NZD/USD neutralized bearish outlook - Commerzbank - FXStreet.com

FXstreet.com (Barcelona) - The NZD/USD rebound from the 55-day MA (0.7837) gone further than Commerzbank analysts expected and neutralized their bearish outlook after clearing the 0.8085 Fib resistance: ?There are 2 factors which concern us - The first ...

German stocks - Factors to watch on July 31 - Reuters UK

Commerzbank said it expects an operating profit of around 1 billion euros ($1.22 billion) in the first half, of which nearly 450 million euros will be for the second quarter, it said late on Monday. It said it was selling Bank Forum to Ukraine's ...
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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