Commerzbank

135 results about this entity

Period: 07 Feb 2005 - 02 Apr 2024

Tech job cuts to follow Commerzbank-Dresdner merger

Thousands of technology and back office jobs are set to be axed following Commerzbank's EUR8.8 billion acquisition of Dresdner Bank from insurance giant Allianz.

Commerzbank rolls out SAP for Banking

Germany's Commerzbank has migrated its loans processing operations to the SAP for Banking platform.

French and German banks mulling rival to Visa and MasterCard - reports

A group of major French and German banks are looking to establish a pan-European card network that will compete with schemes operated by Visa and MasterCard in the region, according to press reports.

Commerzbank inks IT outsourcing deal with HP; Dresdner moves 200 jobs to Atos Origin

Germany's Commerzbank has outsourced the management of 33,000 workstations and 12,000 printers to Hewlett Packard (HP) as part of a five year IT services deal.

EU banks discuss debit rival to MasterCard and Visa

A group of Europe's largest banks are holding secret discussions to establish a pan-European debit card scheme that would challenge those operated by MasterCard and Visa, according to banking consultancy Lafferty Group.

Commerzbank deploys Aleri data streaming for FX pricing app

Commerzbank's corporates and markets division (CBCM) has implemented a data streaming platform from New York based Aleri as a base for a new foreign exchange pricing application.

Deutsche Börse to appeal DAX licensing fee ruling

Germany's Deutsche Börse says it will appeal a ruling by the Higher District German Court which states that it cannot charge Commerzbank licensing fees for using the name of its "DAX30" index.

Commerzbank switches to Unica marketing platform

Germany's Commerzbank is implementing Massachusetts-based Unica's customer interaction and campaign management software, Affinium, which it will use to carry out targeted marketing campaigns.

Colt inks Nomura and Commerzbank network services contracts

Nomura International has contracted with UK-based telecomms outfit Colt for the supply of data and voice delivery services across its European operations.

Commerzbank rapped for anti-money laundering failures

Germany's Commerzbank is urgently rectifying 'severe' flaws in its procedures for detecting suspicious transactions following an investigation by regulator Bafin into alleged Russian money laundering.

Commerzbank increases Comdirect stake

Germany's Commerzbank is acquiring the 21.32% stake in online broker Comdirect Bank currently held by Deutsche Telekom subsidiary T-Online.

Commerzbank deploys Verity search technology

Germany's Commerzbank is implementing search technology from California-based Verity to improve customer access to information on its corporate Web site.

Commerzbank enhances OTC derivatives processing with Scrittura

Germany's Commerzbank has implemented document imaging and workflow management technology from Scrittura which it is using to enhance back office processing of OTC derivatives transactions.

Commerzbank taps IBM for storage overhaul

Germany's Commerzbank has signed a multi-million dollar contract with IBM for the supply of storage servers and software which it will use to consolidate and streamline its existing data archiving and disaster recovery infrastructure.

Blades running at Commerzbank NA

Commerzbank in North America is using BladeFrame servers from Egenera as the utility platform for a phased migration of mission critical Unix applications to Linux and Microsoft Windows.