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commerzbank
Commerzbank AG Settles to Pay U.S. Authorities $1.7 Bln
- The settlements relating to violations by the bank regarding U.S. sanctions and money laundering between 2002 and 2013 have been reached with the U.S. DoJ, the Federal Reserve and the NYDFS.
Thursday, 12/03/2015 | 18:05 GMT by
Victor Golovtchenko
Exclusive: Commerzbank May Relocate 70 London Trader Jobs from London to Frankfurt
- According to information obtained by Forex Magnates' reporters, the German bank will be relocating a number of trader positions to its Frankfurt headquarters, consolidating its risk management operations.
Thursday, 22/01/2015 | 16:39 GMT by
Victor Golovtchenko
Exclusive: Commerzbank Winding down FXPB Services as It Reallocates Resources
- Commerzbank's FXPB unit gets winded down as the bank aims for 'addition by subtraction' in its Market Services business which includes clearing, custody, collateral solutions, and trade repository services.
Wednesday, 10/12/2014 | 15:18 GMT by
Ron Finberg
Probe Launched against Commerzbank over Money Laundering Allegations
- German banking giant Commerzbank AG has been placed in the crosshairs of US monetary authorities, culminating in the launch of a probe for alleged violations of US money-laundering laws.
Saturday, 27/09/2014 | 14:35 GMT by
Jeff Patterson
Commerzbank Taps Jon George as Newest Electronic Trading Head
- Global financial services provider, Commerzbank has appointed Jon George as its newest Head, Global Credit and Rates for Electronic Trading, joining the bank from RBS, where he served a similar role for nearly five years.
Saturday, 27/09/2014 | 07:57 GMT by
Jeff Patterson
Payment Industry ‘Land Grab’ Continues as Traxpay Lists Commerzbank and Software AG as Investors
Wednesday, 24/09/2014 | 11:53 GMT by
Ron Finberg
UniCredit Names Peter Billington, Senior FX Options, Exotics Trader
- Peter Billington, a former Global Head of Forex Flow Options at Commerzbank, has just been appointed as the newest Senior FX Options Trader and Exotics Trading Manager at UniCredit, following a brief absence from the market.
Friday, 29/08/2014 | 17:38 GMT by
Jeff Patterson
Euro Hits Fresh 11-Month Low, as German IFO Survey Lowest Since July 2013
- The forward looking expectations component of the survey was last seen at these levels in May 2013, after the confidence in the Euro Zone recovery evaporated following the implosion of the banking crisis in Cyprus.
Monday, 25/08/2014 | 14:42 GMT by
Victor Golovtchenko
Commerzbank Set to Cut Hundreds of Jobs In Restructuring Effort
- A spokesperson for the German banking group confirmed to Forex Magnates that the additional cuts are indeed on the table but said they are only for the finance positions and FX jobs are safe for now.
Monday, 28/07/2014 | 14:22 GMT by
Avi Mizrahi
Commerzbank Confirms to Forex Magnates, Two Polish Zloty Traders Suspended
- A Commerzbank spokesperson has confirmed to Forex Magnates the suspension of two of its FX traders - a move that comes only a day after BaFin has announced it has found solid evidence that there was FX rates manipulation.
Wednesday, 21/05/2014 | 12:59 GMT by
Victor Golovtchenko
FXSpotStream + LiquidityFx module from smartTrade Technologies = 4x|Box
- The latest synergy in Foreign Exchange comes from combining two products from two different providers, from the technology and liquidity providing space, to create FX in a box, or 4X|Box, as was revealed today.
Wednesday, 30/04/2014 | 11:29 GMT by
Steven Hatzakis
FX Distribution Hub Continues To Attract Major Banks - Commerzbank Joins The Fold
- DealHub's FX Distribution Hub has been today selected by Commerzbank as part of the financial institution's implementation of a new price distribution infrastructure aimed at FX traders.
Monday, 09/09/2013 | 12:45 GMT by
Andrew Saks McLeod
Bank Led Working Group to Define Global Standard for Client Enablement on Electronic Markets
Wednesday, 27/03/2013 | 06:35 GMT by
Adil Siddiqui
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