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KKR and Borealis Maritimes JV acquires Commerzbank ships for $254.5m

2015-07-24 01:00:00| Ship Technology

KKR and Borealis Maritime joint venture (JV) Embarcadero Maritime III has acquired German-based Commerzbank subsidiary Hanseatic Ship Asset Management's (HSAM) ships for $254.5 million.

Tags: ships maritimes acquires borealis

 

Commerzbank in $1.45bn US settlement

2015-03-12 18:43:45| BBC News | Business | UK Edition

Commerzbank agrees to pay a penalty to US authorities for violating sanctions against businesses in Iran and Sudan and for engaging in money laundering.

Tags: settlement commerzbank

 
 

Commerzbank to charge big depositors

2014-11-20 13:24:33| BBC News | Business | UK Edition

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

Tags: big charge commerzbank depositors

 

Germany approached UBS about Commerzbank stake, Bloomberg reports

2013-07-16 11:31:14| Beverages - Topix.net

Germany approached UBS about Commerzbank stake, Bloomberg reports Commerzbank rose in Frankfurt trading after a report that German Finance Minister Schaeuble spoke with UBS Chairman Weber to evaluate interest in buying a stake, reports Bloomberg.

Tags: germany reports approached stake

 

Commerzbank hit by cost of job cuts

2013-05-07 10:58:09| BBC News | Business | UK Edition

Germany's Commerzbank reports a 94m-euro ($123m; 79m) loss in the first quarter after being hit by charges related to job cuts at the bank.

Tags: cost job hit cuts

 

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