Commerzbank beefs up capital via share issue
Berlin - AFP
Commerzbank, Germany\'s second-biggest bank, said Monday it would beef up its core capital during the first half of this year by accepting various capital instruments in exchange for shares. Commerzbank said in a statement it would exchange 965 million euros ($1.3 billion) worth of hybrid capital instruments, subordinated debt securities and other capital instruments for 360.5 million new shares. The move would strengthen Commerzbank\'s core Tier 1 capital by 776 million during the first half of 2012, and by 1.2 billion euros in total through 2017, the statement said.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 12:53 2017 Wednesday ,01 February
Underlines opposition shock for the recent shift
GMT 17:49 2017 Friday ,22 September
Saudi-Bahraini fraternal relations hailed
GMT 09:10 2017 Friday ,22 December
Catalans vote in bid to solve independence crisis
GMT 04:04 2016 Sunday ,02 October
Hammond: Brexit deal should not harm economy
GMT 11:24 2016 Friday ,08 July
Japan satellite made 'surprise' find
GMT 11:03 2018 Tuesday ,23 January
No end to eyesores at Taj Mahal
GMT 19:34 2017 Friday ,17 November
NIHR: Bahrain land of tolerance
GMT 12:45 2016 Saturday ,31 December
Sweden allows wolf hunt despite outcry of the Swedish Carnivore
GMT 02:21 2017 Saturday ,07 October
UK is ready to seize 'incredible' Expo 2020
GMT 19:16 2014 Saturday ,16 August
3 core qualities employees need to excel
GMT 12:05 2016 Sunday ,30 October
Breast Cancer Awareness Exhibition
GMT 08:56 2017 Wednesday ,11 October
Baghdad to bypass Iraqi Kurdistan with oil exports
GMT 18:37 2017 Wednesday ,01 November
Federer survives scare to reach Basel semis
GMT 11:14 2017 Thursday ,21 December
Crew of three docks at International Space Station
GMT 10:42 2017 Sunday ,08 October
Leading Cambridge Institute research team open up
GMT 13:32 2016 Wednesday ,12 October
Climate change doubles US forest-fire burn areas
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor