Commerzbank grows defiantly as market slides

Article Abstract:

Commerzbank, an investment banking services provider, intends to expand its operations in London, UK, by hiring additional 50 employees. The move is part of the efforts of the financial institution to compete more effectively against US firms, according to Mehmet Dalman, global head of equities at Commerzbank. The firm, which maintains operations in Tokyo, Japan, New York, Hong Kong, Frankfurt, Germany as well as in London, provides a wide range of financial services such as advisory, research, trading and derivatives.

Comment:

Is set to expand its operations in London, UK, by hiring 50 additional employees

Commercial Banks, Commercial Banking, Labor force information, Germany, Commerzbank AG (Germany), Article

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Optimism may fade if banks have to battle rising bad debts

Article Abstract:

European banking industry shares have increased on hopes that bad-debt troubles will soon be mended. However, some economists are worried that a second series of bankruptcies among smaller firms, who are facing increasing consumer debts, has yet to take place.

Europe, Analysis

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Standard Chartered plans Afghan branch

Article Abstract:

Standard Chartered PLC is planning to launch a new branch in Afghanistan. The branch, which could help in Afghanistan's rebuilding efforts, will be the first by a foreign bank in the country.

Afghanistan, Buildings and facilities, Standard Chartered PLC

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