Five years after it got an 18-billion euro bailout from the German taxpayer, Commerzbank's foundations are still shaky. But the bank's latest results show some progress, it managed a slight profit of 78 million euros last year after a loss in 2012.
The British government has sold a 7.7-percent stake in Royal Bank of Scotland. Taxpayers, who bailed out the lender in the depths of the financial crisis, incurred a huge paper loss of more than two billion pounds.
Germany's biggest lender has reported a slump in profits in the first quarter, with new CEO Christian Sewing announcing deep cuts at its flagship corporate and investment banking division, aimed at tackling its woes.
Greece will soon exit its international bailout, but does its economy offer fresh investors a level playing field? DW meets a Greek-German philanthropist trying to change things for the better.
Germany's second-largest lender, Commerzbank, has booked a steep decline in bottom-line earnings for 2016. The bank kept battling through a tough restructuring in a volatile business environment.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version