Commerzbank AG

Commerzbank close to settling U.S. sanctions probes

German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.

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Commerzbank sees opportunity to expand wealth management business following Credit Suisse's German bank exit

Commerzbank is anticipating opportunities to expand its wealth management business after Swiss Credit Suisse Group sold its private bank in Germany to Bethmann Bank last month.

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