Commerzbank

Commerzbank AG is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. 

Overview

In 2017, the Commerzbank handled 13 million customers in Germany and 5 million customers in Central and Eastern Europe. In the 2019 financial year, it was the second largest in Germany by the total value of its balance sheet. 

Operation

The bank is present in more than 50 countries around the world and provides almost a third of Germany's trade finance. Commerzbank is a member of the Cash Group.http://www.cashgroup.de/
15% of the shares are owned by the Federal Republic of Germany and 85% are in free float.

Controversies

The bank has been subject to several corruption investigations, paying $US1.5 billion in fines in 2015.
References

Category:Germany
Category:Banks of Germany
Category:Companies based in Frankfurt
Category:1870 establishments in Europe
Category:1870s establishments in Germany