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>> COMMERZBANK Latest News

NOV 25, 2014 - Business Insider

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Russian Oil Tsar To Meet OPEC As Saudis Keep Market Guessing

By Rania El Gamal and Amena BakrVIENNA (Reuters) - Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices.Sechin, the head of state oil company Rosneft and a close ally of Russian President Vladimir Putin, ...

Tags: Russian Oil Tsar To Meet OPEC As Saudis Keep Market Guessing,  Commerzbank Latest News

NOV 23, 2014 - Zero Hedge

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The Consequences of Imposing Negative Interest Rates

Submitted by Pater Tenebrarum via Acting-Man blog, Negative Interest Rates and Capital Consumption Ever since the ECB has introduced negative interest rates on its deposit facility, people have been waiting for commercial banks to react. After all, they are effectively losing money as a result of this bizarre directive, on excess reserves the accumulation of which they can do very ...

Tags: The Consequences of Imposing Negative Interest Rates,  Commerzbank Latest News

NOV 21, 2014 - Zero Hedge

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In Addition To China, Here Is What Other Central-Banks Moved Overnight Markets

While the biggest news of the day will certainly be China's rate cut (and the Dutch secret gold repatriation but more on the shortly), here is a list of all the other central-banking events which have moved markets overnight, because in the new normal it no longer is about any news or fundamentals, it is all about the destruction of ...

Tags: In Addition To China, Here Is What Other Central-Banks Moved Overnight Markets,  Commerzbank Latest News

NOV 20, 2014 - Zero Hedge

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The Wrath of Draghi: Bailed-Out German Megabank Imposes “Negative Interest Rates”

Wolf Richter   www.wolfstreet.com   www.amazon.com/author/wolfrichter Commerzbank, Germany’s second-largest bank, a toppling marvel of ingenuity during the Financial Crisis that was bailed out by ever dutiful if unenthusiastic taxpayers, will now reward these very folks with what Germans have come to look forward to: the Wrath of Draghi. It started with Deutsche Skatbank, a division of VR-Bank Altenburger Land. The small bank ...

Tags: The Wrath of Draghi: Bailed-Out German Megabank Imposes “Negative Interest Rates”,  Commerzbank Latest News

NOV 20, 2014 - BBC

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Commerzbank to charge big depositors

Germany's Commerzbank is to charge corporate clients for leaving big deposits at the bank.

Tags: Commerzbank to charge big depositors,  Commerzbank Latest News