Commerzbank

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  Bank Shrinkage Seen Permanent in Europe and, Later, in U.S.

  By Marlene Y. Satter, AdvisorOne  |  November 16, 2012

  The 160,000 positions already announced as being on the chopping block are far from the end, with many banks not having revealed the full toll of their changes.

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  Eurozone Contraction Overpowers Germany’s Meager Growth

  By Marlene Y. Satter, AdvisorOne  |  August 14, 2012

  Although the German economy continued to report growth in the second quarter, that was not enough to save the eurozone as a whole from shrinkage.

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  U.K. Recession Deepens

  By Marlene Y. Satter, AdvisorOne  |  July 25, 2012

  As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.

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  Moody’s Cuts Outlook on Germany, Luxembourg, Netherlands

  By Marlene Y. Satter, AdvisorOne  |  July 24, 2012

  Germany, the Netherlands and Luxembourg saw their outlooks downgraded to negative by Moody’s Investors Service late Monday as debt woes in the eurozone continued to worsen.

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  Spanish Industrial Output Falls

  By Marlene Y. Satter, AdvisorOne  |  June 6, 2012

  The news for Spain just kept getting worse on Wednesday as its industrial output fell the most since October 2009.

• Euro Zone Agrees on Firewall

  By Marlene Y. Satter, AdvisorOne  |  March 30, 2012

  The temporary European Financial Stability Facility and permanent European Stability Mechanism will be combined for a year, for a total of 940 billion euros. But that figure seems to include money already spent.

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  Greek Debt Swap Success Called Likely

  By Marlene Y. Satter, AdvisorOne  |  March 8, 2012

  Enough holders of Greek sovereign debt have now signed on to the debt swap deal that is a prerequisite for a second bailout that success seems likely. However, there is still a chance that collective action clauses may be triggered.

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  Greek Debt Crisis Weighs on Banks

  By Marlene Y. Satter, AdvisorOne  |  February 23, 2012

  Europe’s banks are tallying up the losses from Greek sovereign debt, and the picture is not a pretty one. Euro losses in the billions are taking a toll on earnings and banks are posting heavy hits in the midst of a need to find additional capital to meet new banking...

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  ECB Likely to Wait for Debt Deal on Greece

  By Marlene Y. Satter, AdvisorOne  |  February 2, 2012

  Any concessions the European Central Bank may choose to make on Greece’s sovereign debt are likely to remain unknown until Athens comes to some sort of agreement with its private debt holders.

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  Markets Shrug Off Hungary Downgrade

  By Marlene Y. Satter, AdvisorOne  |  January 9, 2012

  Despite the fact that Fitch Ratings downgraded Hungary on Friday to junk status, joining Standard & Poor’s and Moody’s, markets seemed to shrug off the news on Monday as the forint rose for a third day.