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Commerzbank

Commerzbank would lose clients in UniCredit merger, says CEO Orlopp

Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence

Commerzbank would lose clients in UniCredit merger, says CEO Orlopp
Updated On : 07 Oct 2024 | 9:49 AM IST

Commerzbank warns UniCredit merger threat to Germany's businesses

Earlier this month, UniCredit took a 9 per cent stake in Commerzbank, catching German authorities off guard.

Commerzbank warns UniCredit merger threat to Germany's businesses
Updated On : 23 Sep 2024 | 10:13 AM IST

Infosys partners with Germany's Commerzbank to transform trading ecosystem

Indian IT major Infosys on Tuesday said it has collaborated with Commerzbank, a German bank, and Murex, which is into trading, risk management and processing solutions for capital markets, on a successful "go-live" or operationalisation of a consolidated, unified trading platform. The joint project has enabled Commerzbank to consolidate FX, FX derivatives, equity, and commodities onto Murex's integrated MX.3 platform, simplifying its operations, cutting costs, speeding up time to market, and preparing for future challenges. "Infosys today announced that it collaborated with Commerzbank... and Murex... on a successful go-live of a consolidated, unified trading platform that streamlines the bank's business processes and IT landscape," according to a release. In effect, the consolidation on a unified Murex platform enables the bank to accelerate its digital transformation journey by driving system efficiency and cost-effectiveness. Within the project, Infosys supported Commerzbank in

Infosys partners with Germany's Commerzbank to transform trading ecosystem
Updated On : 28 May 2024 | 7:07 PM IST