Commerzbank’s equity stood at €27.6 billion as of September 30th, of which €20.2 billion resided in its core bank

Commerzbank boss Martin Blessing has restored the German lender to health but it is unlikely to meet ambitious 2016 turnaround targets as it faces to(...)

Oil prices have dropped roughly 30 per cent since June and predictions for the OPEC meeting range from a large output cut to no action at all

Brent crude oil fell towards $78 a barrel after Saudi Arabia’s oil minister said the market “will stabilise itself eventually”, ahead of a key OPEC m(...)

 Colm Barrington, non-executive director, Hibernia Reir, Daniel Kitchen, chairman, and Terence O’Rourke,  non-executive director

The value of Hibernia Reit’s property portfolio, which comprises mainly central Dublin office space, has jumped 10 per cent in four months, the compan(...)

Commerzbank shares gained 1.4 per cent yesterday to close at €11.98 in Frankfurt trading, and rose 2.3 pe rcent this year

Commerzbank, Germany’s second-largest lender, said third-quarter profit rose, beating estimates, as provisions for risky loans decreased and sales ros(...)

Russia spent about $30 billion to shore up the ruble in October as oil’s slide and economic sanctions over President Vladimir Putin’s incursion into Ukraine deepened the worst rout among 30 major currencies tracked by Bloomberg this year.

The ruble’s plunge to a record low shows the Russian central bank needs to do more to prove to investors that it’s serious about defending the currenc(...)

The price of oil continues to fall as a global supply glut grows. (Photograph: Brian Snyder/Reuters)

Brent oil dropped to a new four-year low below $82 a barrel on Wednesday, a fifth straight day of losses, as weak economic data from China and Europe(...)

The BNP Paribas building at 5 George’s Dock in the IFSC, Dublin.   Photograph: Alan Betson

Another of the original office buildings in Dublin’s International Financial Services Centre is about to be sold in an off-market deal for close to €(...)

Containers are loaded onto a container ship at a shipping terminal in the harbour in Hamburg. German business confidence continues to decline. Photograph: Reuters/Fabian Bimmer

Germany’s business climate cooled for the sixth straight month in October, pushing confidence in Europe’s largest economy to levels not seen since the(...)

People are seen in front of the Monte dei Paschi di Siena bank headquarters in downtown Siena. Italy’s Monte dei Paschi di Siena is the bank with the biggest capital shortfall among euro zone lenders. Photo: Reuters

European stocks dipped on Monday as investors seeing a key index of German business sentiment hit its lowest level in almost two years decided to boo(...)

German chancellor Angela Merkel: will be pleased only one small bank failed the bank stress tests. Photograph:  Sean Gallup/Getty

German banks fared better than expected in euro zone health checks, with none needing to raise new capital, but the sector still needs to restore prof(...)