trending Market Intelligence /marketintelligence/en/news-insights/trending/2ihtbf6c1ed4fennaofw7q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Commerzbank loses divisional head after announcing restructuring

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Commerzbank loses divisional head after announcing restructuring

's head of lendingto medium-sized businesses, Markus Beumer, will leave the lender at the end ofOctober, Handelsblatt reported Sept.30, citing a statement from the bank.

Confirmationof Beumer's departurearrived the day after the German bank announced it would his unit, the so-calledmittelstandsbank, with its corporate and markets segment, resulting in 9,600job losses.

Havingled Commerzbank's most lucrative unit since 2008, Beumer had been tipped tobecome CEO prior to Martin Zielke's appointment in March, Handelsblatt added, pointing outthat the mittelstandsbank had suffered from the low-interest-rate environment.Beumer asked for his contract to be terminated because he wanted "to takeon a new task," the bank reportedly said.