From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial technology startup Doconomy told CNBC on …
Only two European stocks have positively surprised markets every quarter for the past five quarters, according to analysis by CNBC Pro. Italian bank UniCredit and Portugal’s Banco Comercial Portugues are …
CNBC Pro: ‘Bubble may be far from bursting’: Capital Economics reveals bullish S&P 500 target The S&P 500 closed above 5,000 for the first time last week. But as the …
Commerzbank on Thursday reported a 55% hike in net profit for 2023, as high interest rates helped the German banking giant report its best results in 15 years. Net profit …
UK economy worse than previously estimated in third quarter The U.K. economy contracted by 0.1% in the third quarter, the Office for National Statistics said, revising down its previous estimate …
The headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt, Germany. FRANK RUMPENHORST | DPA | Getty Images Germany’s major banks need to increase their provisions for non-performing …
A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Germany’s Commerzbank said on Wednesday that net profit more …
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …