Commerzbank - News, Articles & Research

Commerzbank pilots blockchain for supply chain processes

Commerzbank has teamed up with two chemicals companies to test a shared blockchain platform for handling bilateral supply chain processes in a live environment.

21 May 2021

Company announcement/markets

Commerzbank outsources equities business to ODDO

From 11 May 2021, Commerzbank will be cooperating with the Franco-German financial services group ODDO BHF in the area of equities.

11 May 2021

News/people

Commerzbank agrees deal with unions on 10,000 job cuts

Commerzbank has warned that more jobs may be on the line after agreeing a settlement with labour unions over previously announced plans to axe 10,000 full-time positions by 2024.

10 May 2021

News/crypto

Deutsche Börse and Commerzbank to build digital asset marketplace

Deutsche Börse and Commerzbank have invested in fintech spinoff 360X with the aim of building a blockchain-based digital marketplace for digital asset clases in art and real estate.

29 April 2021

News/people

Commerzbank to axe 1700 jobs in Germany

Commerzbank is to slash 1700 jobs in Germany in a volunatary redundancy programme to be completed by the end of the year.

06 April 2021

News/cloud

Commerzbank enters five-year relationship with Google Cloud

Commerzbank has entered a five-year partnership with Google, that will see more applicatons moved to the cloud and delivery of on-the-fly updates to software code.

29 March 2021

Company announcement

Commerzbank and creditshelf extend strategic partnership

creditshelf Aktiengesellschaft and Commerzbank AG are deepening their strategic cooperation and expanding it to include Commerzbank's Private and Small-Business Customers segment.

09 March 2021

News/markets

Rabobank executes real-time commercial paper transaction using blockchain technology

Rabobank has completed the first real-time commercial paper transactions using blockchain technology, following a successful two-year pilot in partnership with Commerzbank and Euroclear.

01 February 2021

News/people

Commerzbank to axe one in three German jobs

Commerzbank will cut 10,000 jobs and close 340 branches by 2024 as it focusses on digitisation in an effort to slash cost and ensure profitability.

29 January 2021

Company announcement/retail

Cost of Commerzbank job cuts rises

Commerzbank has reached agreement with the Group Works Council about the planning of restructuring measures in the period from 2021 to 2024.

04 January 2021

Company announcement/cloud

Commerzbank taps LPA cloud tech for post trade digitalisation

LPA Group, the capital market technology and innovation leader, today announced it has launched Capmatix Post-Trade, a new post trade digitalization solution, developed to help banks drive significant agility and efficiencies through automation.

09 December 2020

Company announcement/sustainable

Commerzbank makes climate risks in its portfolio transparent and comparable

Commerzbank has been official supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since the beginning of September 2020.

28 September 2020