Commerzbank

News and Notes – Fintech

ANNA, Bermuda, Circle, Coinbase, Commerzbank, crypto assets, Deutsche Borse, digital assets, DLT, Eurex Clearing, Facebook, FSB, G20, G7, Libra, Munich Re, stablecoins, standardization, standards, tokens, USDC

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. Commerzbank, Deutsche Börse and Munich Re asset management arm complete securities settlement transaction…

Commerzbank tests blockchain tech on money market with issuer, corporate treasury

February 22, 2019

News and Notes – Fintech

blockchain, Commerzbank, Luxembourg, treasury management

For the first time, Continental, Commerzbank and Siemens have carried out a test transaction as part of a pilot project to process a money market security between the companies using…

Commerzbank to automate trade finance with AI fintech Conpend

October 20, 2018

Automation, News and Notes – Fintech

Commerzbank, Conpend, Trade Finance

Commerzbank has partnered with fintech Conpend to automate selected compliance relevant pre-checks in trade finance transaction processing by 2020, and has partnered with fintech Conpend. Automation is expected to reduce…

Societe Generale to acquire Commerzbank Equity Markets and Commodities activities

July 5, 2018

Josh Galper

Commerzbank, Societe Generale

Societe Generale is announcing that it has reached an agreement to acquire Commerzbank’s Equity Markets and Commodities business (EMC), a leading European manufacturer, distributor and market maker of structured and…

Commerzbank and HSBC to set up JV for securities settlement

December 13, 2017

Commerzbank, HSBC, settlement

Commerzbank AG and HSBC Transaction Services are entering into a strategic partnership for securities settlement. Under this partnership, Commerzbank’s securities settlement business processes will be transferred. For this purpose, a joint…

Global Investor: Commerzbank to cut back sec lending and collateral business

August 3, 2016

Commerzbank’s securities lending and collateral management business is being “realigned and adapted”, the firm said on Tuesday, in response to “changing market conditions.” The eastern European lender said it had…

Commerzbank and Clearstream launch TradeCycle for OTC derivatives

September 10, 2013

Josh Galper

Clearstream, Commerzbank

Commerzbank and Clearstream announced on 9 September a strategic partnership offering their clients increased efficiency, reduced risk and seamless processing to cleared and uncleared OTC derivative transactions. The new TradeCycle…

Reuters: European banks to pay back ECB life-support cash

January 16, 2013

Josh Galper

BNP Paribas, Commerzbank, Santander