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Commerzbank AG (ISIN: DE0008032004, DAX: CBK) is the second-largest bank in Germany (after Deutsche Bank) and headquartered in Frankfurt am Main. Full Article
Martin Blessing, chief executive of Commerzbank, leaves during a break in the second day of questioning at the trial between the German bank and former staff at its investment banking subsidiary Dresdner Kleinwort, at the High Court in London January 31, 2012.
View Photo »Martin Blessing, chief executive of Commerzbank, arrives for his second day of questioning in the UK trial between the German bank and former staff at its investment banking subsidiary Dresdner Kleinwort at the High Court in central London, January 31, 2012. Blessing said yesterday that...
View Photo »LONDON, ENGLAND - JANUARY 30: Martin Blessing, the Chief Executive Officer of Commerzbank AG, arrives at the High Court on January 30, 2012 in London, England. Over 100 bankers are claiming Commerzbank AG reneged on a pledge by Dresdner Bank, which it acquired in 2009, to allocate...
View Photo »DAVOS, SWITZERLAND - JANUARY 25: (L-R) DLD Chairman Yossi Vardi, Paul-Bernhard Kallen of Hubert Burda Media and Martin Blessing, chief executive officer of Commerzbank AG attend the Burda DLD Nightcap 2011 at the Steigenberger Bellvedere hotel on January 25, 2012 in Davos, Switzerland.
View Photo »German Commerzbank headquarters are pictured in Frankfurt January 24, 2012.
View Photo »Martin Blessing, CEO of Germany's Commerzbank gestures as he leaves news conference in Frankfurt January 19, 2012. Commerzbank expects to post good earnings at its core bank in 2012 after a strong increase in the first nine months of 2011, Blessing said on Thursday.
View Photo »Martin Blessing, CEO of Germany's Commerzbank addresses media during a news conference in Frankfurt January 19, 2012.
View Photo »Martin Blessing, CEO of Germany's Commerzbank arrives for a news conference in Frankfurt January 19, 2012. Commerzbank expects to post good earnings at its core bank in 2012 after a strong increase in the first nine months of 2011, Blessing said on Thursday.
View Photo »German Commerzbank headquarters are pictured in Frankfurt January 19, 2012. Commerzbank plans to retain earnings and cut risky assets to plug a 5.3 billion euro capital shortfall rather than seek a government bailout, although analysts warned it may still need state help if the economy...
View Photo »HENNEF, GERMANY - JANUARY 17: Christian Weis of the Commerzbank AG speaks during the DFB Dialog Forum 'Vor dem Ball sind alle gleich - Sexuelle Identitaeten im Fussball' about sexual identities in football at Sportschule Hennef on January 17, 2012 in Hennef, Germany.
View Photo »Martin Blessing (R), CEO of Germany's second-biggest bank Commerzbank is welcomed by Mathias Doepfner, CEO of German media group Axel Springer, as he arrives to attend the economical forum of German daily Die Welt at the Axel Springer headquarters in Berlin on January 11, 2012.
View Photo »File picture shows the headquarters of Commerzbank AG in the centre of Frankfurt May 7, 2009. Europe's banks must find 114.7 billion euros of extra capital, more than predicted two months ago, to make them strong enough to withstand the euro zone debt crisis and restore investor...
View Photo »File photo of a logo of Germany's Commerzbank pictured next to the headquarters of the bank in Frankfurt May 25, 2011. Commerzbank AG plans to repurchase up to 600 million euros ($805.83 million) worth of hybrid capital instruments as it struggles to meet European capital requirements...
View Photo »File photo of the entrance of the German Commerzbank headquarters in Frankfurt November 4, 2011. Commerzbank AG plans to repurchase up to 600 million euros ($805.83 million) worth of hybrid capital instruments as it struggles to meet European capital requirements without asking for...
View Photo »File picture shows the buildings of the German Commerzbank headquarters (R) in Frankfurt November 4, 2011. Commerzbank may need considerably more capital than previously expected to meet a targeted 9 percent core capital buffer by mid-2012 as demanded by the EU's banking watchdog,...
View Photo »Martin Blessing, CEO of Germany's second-biggest bank Commerzbank, attends the European Banking Congress in Frankfurt am Main, western Germany, on November 18, 2011. Mario Draghi, new President of the European Central Bank (ECB), fought off heavy political pressure for the ECB to do...
View Photo »The entrance of the German Commerzbank headquarters is pictured in Frankfurt November 4, 2011.
View Photo »A logo of Germany's Commerzbank is seen outside a branch of the bank in Frankfurt November 4, 2011.
View Photo »German Commerzbank headquarters are pictured in Frankfurt November 4, 2011.
View Photo »The buildings of the German Commerzbank headquarters (R) are pictured in Frankfurt November 4, 2011.
View Photo »Demonstrators wearing V-masks sit in front of a Commerzbank branch as they take part in a protest march as part of the 'Occupy Frankfurt' movement in Frankfurt am Main, on October 29, 2011 to protest against the financial system. Inspired by the US Occupy Wall Street movement and...
View Photo »Demonstrators sit in front of a Commerzbank branch as they take part in a protest march as part of the 'Occupy Frankfurt' movement in Frankfurt am Main, on October 29, 2011 to protest against the financial system. Inspired by the US Occupy Wall Street movement and Spain's 'Indignants',...
View Photo »FRANKFURT AM MAIN, GERMANY - SEPTEMBER 15: The headquarters of Commerzbank (L) and the twin towers of Deutsche Bank (R) stand illuminated amid the skyline in this aerial picture of the financial district on September 15, 2011 in Frankfurt am Main, Germany. Investors and clients,...
View Photo »FRANKFURT AM MAIN, GERMANY - SEPTEMBER 15: The Commerzbank headquarters stand illuminated in this aerial picture of the financial district on September 15, 2011 in Frankfurt am Main, Germany. Investors and clients, spooked by the large exposure of many major European banks to...
View Photo »A monument of Johannes Gutenberg, inventor of the printing process, stands in front of the Commerzbank headquarters in Frankfurt, January 19, 2012. Commerzbank plans to retain earnings and cut risky assets to plug a 5.3 billion euro capital shortfall rather than seek a government...
View Photo »Martin Blessing, chief executive of Commerzbank, leaves during a break in the second day of questioning at the trial between the German bank and former staff at its investment banking subsidiary Dresdner Kleinwort, at the High Court in London January 31, 2012.
View Photo »leaning pretty far out of the window with his comments since October on saying Commerzbank won’t seek state aid ... They could explain that the rules have changed in the middle of the game, but they’ll try everything before having to accept state aid again.
If the bank’s capital requirements rise significantly, it would be very hard for Commerzbank to reach them with the traditional measures they have to hand
It isn’t up for debate that Blessing would ask for state aid -- he’s ruled it out ... If someone at Commerzbank did ask, it would have to be his successor. That’s a very extreme situation and that kind of a tough solution wouldn’t be taken lightly.
Therefore we cannot yet say what demands Commerzbank will face
Speculation is mounting that the German government will need to inject cash for recapitalizing Commerzbank, one of the largest banks in the country
Commerzbank will not take part (in PSB's issue, leaving) the share issue to be bought out by a majority shareholder and the EBRD
The lack of management at the top is really a concern for Lloyds. Commerzbank's comments this morning obviously undermined the weaker of the banks, such as those depended on funding. Lloyds does need a lot of funding
It's a problem for all banks, not just Commerzbank
Commerzbank already would only have been able to make the 2.9 billion if it was really stretched. There's no way it can make the 5 billion
We believe that a complexity metric could substantially aid the CIO in decision making, and we are well on the way to developing and applying such a metric. Commerzbank is very pleased to be working with Capco on this groundbreaking initiative.
