- The company also plans to stop proprietary trading and cut 1,200 jobs in London as it integrates Dresdner Kleinwort.
- The company will also cut 150 jobs in Frankfurt.

Other headlines for [CBK.GE]

• CBK.GE Today 06:48am
  Commerzbank AG Says €5B benchmark bond was "successful"- Bond has maturity of three years, 2.75% coupon - Saw strong demand for bond; within three hours orders reached €9B
  
• CBK.GE Today 05:50am
  Commerzbank AG German Gov't has no plans to interfere with company's operations following second capital injection - Reminder: Earlier in session, it was reported that a German govt spokesperson says govt will take more...
  
• CBK.GE Today 02:35am
  Commerzbank AG Price target cut to €5.5 from €7 at UBS- Price target cut to €4.7 from €5.6 at JP Morgan
  
• CBK.GE Yesterday 12:41pm
  Commerzbank AG (GE) German Econ Min Glos: Believes Germany will be able to sell its stake for a profit, eventually
  
• CBK.GE Yesterday 11:20am
  Commerzbank AG (GE) German Fin Min: Stake in Commerzbank represents a "strong signal" for finance sector, paves the way for positive future for bank- Move does not represent a "partial nationalization" of more...
  

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