Commerzbank saw its profit rise 39% in '98
Article Abstract:
Commerzbank AG reported a 39% rise in net profits for the 1998 year. The bank's figures were helped primarily by strong income from fees and one-time items. Commerzbank is the fourth-largest bank in Germany. Its net increased to 1.74 billion deutschemarks ($971.1 million), compared to 1997's 1.25 billion deutschemarks. Commerzbank was not seriously affected by the slowdown in emerging markets in 1998.
Comment:
Reports 39% rise in net profits for the 1998 year
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Commerzbank net soars on online broker's IPO
Article Abstract:
Commerzbank AG posted an increase of 129% in its net profits for the first nine-months of 2000. The company also introduced its new chairman, Klaus-Peter Mueller, as well as a new restructuring strategy.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Commerzbank to elect new chairman
Article Abstract:
Klaus-Peter Mueller is expected to be appointed as the new chairman of Commerzbank AG. Mueller is replacing Martin Kohlhaussen, who has been the bank's chairman since 1991.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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