Commerzbank and the 'Outrageous' Bonus Decision
Now you have it, now you don't.
Commerzbank
Commerzbank Admits Defeat In Dresdner Bonus Case
Commerzbank has said it won’t appeal a U.K. court ruling that paves the way for 104 bankers to recover $66m in bonuses after four years of legal skirmishing.
HSBC Profits Up On Cost Cutting, SocGen Mulls Cuts, Commerzbank Posts Loss
HSBC has said first-quarter profit almost doubled, beating analyst estimates, as bad debts declined and it cut costs.
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Commerzbank Corporates & Markets Announces Head of M&A
Commerzbank Corporates & Markets has announced the hire of Christoph Thierolf as Head of its Mergers and Acquisitions business.
Bankers Win Latest Round Of Big Bonus Case
Commerzbank must pay $65m to 104 bankers at its now-defunct Dresdner unit after a U.K. appeals court refused to overturn a judge’s decision that the German lender must honor its promises on bonuses.
People News - Citi, Commerzbank, Morgan Stanley, UBS
Citigroup has hired two former UBS base metals executives to its growing metals trading desk as part of the U.S. bank's expansion of its commodities business, the bank said on Thursday.
Commerzbank Loses Victimization Case Of Woman Fired For Suing Deutsche Bank
An ex-Commerzbank director won her employment tribunal case against the German lender for firing her when it discovered she was suing her previous employer, Deutsche Bank, for sexual discrimination.
Commerzbank Cuts Bonuses as CEO Warns on Revenue
Commerzbank CEO Martin Blessing gave up his bonus for last year and cut the payouts by an average 17% across the firm, warning of higher costs and more pressure on revenue.
People News - BofA, Barclays, C Suisse, Goldman, RBC Capital Markets, Scotiabank, Commerzbank
Former Bank of America Corp managing director Johnny Williams is joining UBS AG as vice chairman for the Americas, according to a memo obtained by Reuters.
Commerzbank Corporates & Markets (C&M) is the integrated Corporate and Investment Banking division of Commerzbank AG, providing corporate and institutional clients with a comprehensive range of commercial and investment banking products.
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Campus Recruitment - 37 Top Hiring Firms
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
Commerzbank Corporates & Markets Continues To Build Asia Franchise
Commerzbank Corporates & Markets (C&M) has announced that it has made a number of hires across its Asian business.
22-Year-Old Fired Trainee Trader Bags $33m In 12 Months
The News of the World reports that 22-year-old 'serial gambler' Elliott Short, who was fired from his job in the City where he was training to be a trader, has won over $33m betting on horses over the last year.
People News - Citi, Commerzbank, Morgan Stanley, UBS
Citigroup has hired two former UBS base metals executives to its growing metals trading desk as part of the U.S. bank's expansion of its commodities business, the bank said on Thursday.
Financial Markets
Further Bonus Claims From Disgruntled Bankers May Follow Commerzbank Ruling
4 weeks ago
The Court of Appeal ruling on a dispute between 104 London-based bankers and Dresdner Kleinwort (now part of Commerzbank) over a guaranteed minimum bonus pool of $521m has been handed down, says GQ Employment Law, the specialist employment law firm.