Featured Sterling dips on Tuesday ahead of BoE decision Aya El Sayed Jun 17, 2025 0 Sterling edged lower against the US dollar on Tuesday as investor caution grew over Middle East tensions and…
Featured Germany’s office market struggles as economic woes persist Aya El Sayed Feb 20, 2025 0 Germany’s office market remains under pressure, with any recovery in the coming months vulnerable to further…
International News Investors scale back China rate cut bets Nada Ali Jan 14, 2025 0 Investors are reducing bets on immediate rate cuts in China as the derivatives market indicates a shift in…
Featured UniCredit launches €10b bid for Banco BPM Aya El Sayed Nov 25, 2024 0 UniCredit surprised markets on Monday by launching a €10 billion ($11 billion) all-share bid for Banco BPM,…
Featured Swiss National Bank to expand digital currency project Aya El Sayed Jul 3, 2024 0 The Swiss National Bank (SNB) is considering expanding its pilot project with wholesale central bank digital…
Featured Russian court seizes $13m from JPMorgan, Commerzbank Aya El Sayed May 7, 2024 0 A Moscow court authorised the seizure of a staggering 12.4 million euros ($13.34 million) of assets held in Russia…
Featured Western banks hand €800m tax to Kremlin in ’23 Aya El Sayed Apr 29, 2024 0 The seven largest European banks in Russia paid over €800 million in taxes in 2023 despite pledges to reduce their…
Featured Germany’s industrial output drops in November ’23 Sama Mousa Jan 9, 2024 0 Germany’s industrial production fell unexpectedly in November, Reuters reported on Tuesday, citing the federal…
Money German inflation still high to record 9.2% in January Sama Mousa Feb 22, 2023 0 Germany’s inflation continues to rise at the beginning of the year to set at 9.2 percent in January due to the…
Money Deutsche Bank, Commerzbank unveil historic merger talks Amwal Al Ghad English Mar 18, 2019 0 A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over the long term,…
Banks Deutsche Bank’s top investor Chinese HNA reportedly plant to exit stake Amwal Al Ghad English Sep 8, 2018 0 Deutsche Bank AG’s top investor, China’s HNA Group Co., is planning to exit its entire stake in Germany’s largest…
Banks SocGen leaves the door open for further acquisitions Amwal Al Ghad English Aug 2, 2018 0 French lender Societe Generale could make further acquisitions in the coming years as part of its transformation…
Banks SocGen chief urges regulators to help strengthen Europe’s banks Amwal Al Ghad English Jul 9, 2018 0 Societe Generale’s chief said banking space in Europe should follow in the footsteps of the U.S.’s, calling on…
forex news Oil likely to see downward correction over the coming months: Commerzbank Yomna Yasser Jan 6, 2018 0 Oil traders should expect prices to pullback by at least 15 percent over the coming months, a senior analyst at…
Banks German govt favors a Commerzbank-BNP Paribas merger: WirtschaftsWoche Yomna Yasser Sep 21, 2017 0 The German government favors a merger of state-backed Commerzbank with France's BNP Paribas, German weekly…
Banks Commerzbank Q1 net profit beats expectations on one-off effect Yomna Yasser May 9, 2017 0 Commerzbank reported Tuesday a 28 percent rise in first-quarter net earnings, benefiting from a positive one-off…
Banks China’s forex reserves may beat expectations, analyst says Yomna Yasser Feb 6, 2017 0 China's foreign-exchange reserves data for January, due on Tuesday, may surprise on the upside after a long…
World European stocks end slightly higher; Deutsche Bank spikes off record lows Yomna Yasser Oct 1, 2016 0 European stocks came off their session lows in afternoon trade on Friday to trade 0.1 percent higher but concerns…
World European shares open slightly lower, Commerzbank slips Noha Gad Jul 26, 2016 0 European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after…
World Europe stocks rise; Commerzbank up 7.8% Yomna Yasser Nov 2, 2015 0 European equities extended gains Monday as investors digested more economic news from China and the latest earnings…
World Europe Shares Wobble Ahead of EU Summit Yomna Yasser Jun 28, 2012 0 European stock markets struggled for direction in early trade on Thursday, ahead of a keenly watched European Union…
World Europe Shares Up As EU Summit Looms Yomna Yasser Jun 27, 2012 0 European stock markets were poised to break a four-day losing streak on Wednesday, as banks and drug makers inched…
World Europe Shares Inch Lower Ahead of EU Summit Yomna Yasser Jun 25, 2012 0 European stock markets inched lower on Monday as investors were closely monitoring euro-zone events ahead of a…
World European Stocks Higher, DAX Up 0.92% Yomna Yasser Mar 27, 2012 0 European stock markets were higher on Tuesday, as investors carried over Monday’s optimism following dovish…
Banks Commerzbank to increase capital by $1 billion for new shares Administrator Mar 5, 2012 0 Commerzbank AG (CBK), Germany’s second- biggest bank, will boost core Tier 1 capital by €776 million ($1.02…
Arab European Stocks’ Slump Administrator Feb 16, 2012 0 European stocks dipped Thursday as investors still wait for Greece to secure a second bailout, and the prospect of…