October 28, 2015 BY Mike Fox
Mizuho, Nordea and UniCredit join R3 distributed ledger and new banking technology consortium
Consortium to develop new technology for global financial markets now comprises 25 banks.
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June 27, 2015 BY Mike Fox
Commerzbank receives licence to trade China onshore RMB FX options
Nick Johnston, head of Commerzbank Corporates & Markets Asia, commented, “This move comes amid China’s further liberalisation to encourage two-way flow and liquidity in the onshore options market.”
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April 20, 2015 BY Andrew Saks-McLeod
eToro raising an additional $12 million from Commerzbank - LeapRate Exclusive
The new $12 million round of funding provided to eToro represents the very first investment of CommerzVentures, which joins existing eToro investors in a Series D Financing.
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October 01, 2014 BY Mike Fox
Sources: Commerzbank to cut 60-70 fixed income, FX jobs
The (Fixed Income and Currency) FIC unit is part of Commerzbank's investment banking division, which altogether employs roughly 1,800 staff...
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September 30, 2014 BY Mike Fox
Commerzbank joins Swissquote’s Swiss DOTS
Swissquote is extending its range on the over-the-counter trading platform Swiss DOTS which stands for Swiss Derivatives OTC. Commerzbank is now the third issuer. In the medium term an extra of about 20,000 leveraged products will be issued by Commerzbank AG, joining the existing range of the two founding partners, UBS and Goldman Sachs. Swiss…
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August 08, 2014 BY Gerald Segal
AxiTrader hires Hans Von der Recke to head Institutional Sales
Von der Recke was previously Chief FX Dealer at Commerzbank, currency manager for the State Pension fund of New South Wales, and an IB for UBS Switzerland and DRKW Germany.
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July 07, 2014 BY Mike Fox
Frankfurt’s establishment as offshore clearing hub for RMB a huge boost to European corporations says Commerzbank
Frankfurt’s establishment as one of the Eurozone’s first offshore clearing hub for RMB trade settlement along with the city of London will be a huge boost to European corporations trading with China, especially those that are mid-sized, a senior Commerzbank official says. Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, comments: “The…
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May 21, 2014 BY Mike Fox
Report: Commerzbank suspends two forex traders
Commerzbank has suspended two traders under suspicion of having tried to manipulate the Polish zloty's euro exchange rate in regular trading, the bank said on Wednesday.
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