Commerzbank's shares fell to a record low last month as Germany’s economic contraction and expectations for even lower interest rates threaten to undercut bank's strategy. Bloomberg
Commerzbank's shares fell to a record low last month as Germany’s economic contraction and expectations for even lower interest rates threaten to undercut bank's strategy. Bloomberg

Banking

Commerzbank cuts revenue outlook as its top brass revamps strategy

Frankfurt-based bank is concerned over slowing economy, trade conflicts and continued negative interest rates

Bloomberg

September 27, 2019