- Nicholas Teller steps down on 31 December 2020 - Hans-Jörg Vetter: "I am delighted that we have been able to attract Andreas Schmitz as a well-established expert in the financial sector to our Supervisory Board." Nicholas Teller (61), Member of the Supervisory Board of Commerzbank, is stepping down from his position on 31 December 2020. Hans-Jö [ … ]

Commerzbank has successfully completed the full takeover of comdirect bank Aktiengesellschaft ("comdirect"). Today, on 2 November 2020, the merger was entered in the Commercial Register of Commerzbank and therefore became effective. This brings the independence and stock-market listing of comdirect formally to an end. The shares of the remaining co [ … ]

- Manfred Knof to succeed Martin Zielke from 1 January 2021 - Vetter: "I am pleased that we have been able to win Manfred Knof for the role of Commerzbank's CEO." At its meeting today, the Supervisory Board of Commerzbank unanimously appointed Manfred Knof (55) as successor to Martin Zielke as Chairman of the Commerzbank Board of Managing Directo [ … ]

- Michael Mandel, Executive Board Member for the Private and Small Business Customers (PSBC) segment, has offered a mutually agreed termination of his contract to the Supervisory Board - At its meeting today, the Supervisory Board of Commerzbank decided to accept his offer. Michael Mandel's appointment to the Board of Managing Directors will end o [ … ]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. - Second issuance under ongoing programme - Bond volume of €500 million - coupon laid down at 6.5% per annum C [ … ]

Commerzbank generates profit for quarter in spite of corona - costs and capital on track - Underlying revenues in second quarter of 2020 increased to €2.3bn (Q2 2019: €2.1bn) - significant growth in net commission income - Operating costs continue to fall to €1.53bn despite IT investments (Q2 2019: €1.58bn) - Risk result at €-469m (Q2: 2019: €-1 [ … ]

- Appointment is subject to judicial order At its meeting today, the Supervisory Board of Commerzbank AG elected Hans-Jörg Vetter as the future Chairman of the Supervisory Board. The appointment is subject to the judicial order for him to become a member of the Supervisory Board. The judicial appointment is expected in the next few days. *****  [ … ]