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FRANKFURT, Germany (AP) -- Germany's Commerzbank AG said Friday it will wind down its troubled Eurohypo real estate unit instead of selling it, as it had previously been ordered to do when it was ...
FRANKFURT—Commerzbank AG has sold Spanish and Portuguese commercial real-estate loans worth €4.4 billion ($5.95 billion) to a consortium of J.P. Morgan Chase and financial investor Loan Star ...
Commerz Real, a fully owned subsidiary of Commerzbank, is a major owner of German real estate and has around 34 billion euros ($37 billion) of property assets globally. The wave of distress ...
Reinventing money, the financial system, the internet and the enterprise is fun. But sometimes the workload can take its toll. I was reminded of that yesterday reading Dan Kuhn’s interview with ...
In the US, investors are concerned about the commercial real estate (CRE) market. Economists at Commerzbank provide an overview of the situation. It is likely that it will take several years to ...
Commerzbank aims to reduce its current holdings of 30 billion euros in shipping credits and real estate assets to below 20 billion by end-2016.
Some 200 Commerzbank employees protested Thursday against a possible takeover of the German lender by UniCredit. They carried ...
FRANKFURT (Reuters) -Commerzbank employee representatives are calling on staff to protest against a possible takeover by the Italian bank UniCredit, signalling that resistance to any deal remains ...
CANNES, France (Reuters) - Germany is midway through a four-year real estate crisis that will lead to more losses and distressed sales of unwanted properties, the head of Commerzbank (ETR ...