Commerzbank has had a difficult few years, but with a vigorous cost reduction programme helping the bank meet some of its 2016 strategy targets early, those within the bank have high hopes that the German lender has turned a corner.
Western Europe
Latest articles from Western Europe
Top 1000 World Banks – Western European banks mount a comeback
June 30, 2014Profits are up in the 2014 Top 1000 World Banks ranking, with much of the good news coming from the direction of western Europe. On a regional basis, however, Asia-Pacific still dominates.
Top 1000 World Banks – Western Europe shows capital and recapitalisation trend
June 30, 2014HSBC holds on to the top position in western Europe, while the aftermath of the eurozone crisis shapes much of the rest of the list.
Top 1000 World Banks – Eurozone begins to overcome poor asset quality
June 30, 2014While bad loan ratios are still high in the peripheral eurozone, some banks have exited the list of worst losses. But there are some new casualties in emerging markets
World
/ Western Europe
/ UK
Gatehouse banks on UK's Islamic potential
June 2, 2014Islamic finance has not had a sizable impact on the UK banking industry, but sharia-compliant asset manager Gatehouse Bank believes that it has carved a small but important niche in the market.
World
/ Western Europe
/ Italy
UniCredit partnership animates Italian stock exchange
June 2, 2014The first Italian initial public offering of 2014 cemented confidence in UniCredit's unusual partnership model with Kepler Cheuvreux in equity capital markets.
Greek banks begin return to private ownership
June 2, 2014Capital raisings in the wake of a domestic stress test have enabled Greece’s four systemic banks to pull in private investors and begin the return to normality.
European IFCs compete for renminbi issuance
June 2, 2014International finance centres in Europe are battling it out to become the leading destination for offshore renminbi issuers, with both Frankfurt and Luxembourg registering successes on this front in recent months.
Sorry times for emerging market currencies
May 1, 2014Emerging market currencies benefited handsomely from the US central bank’s huge quantitative easing programme. With that now being unwound and with China slowing, emerging currencies are now in retreat. Those from economies with weak fundamentals are especially vulnerable.