Commerzbank strengthens its Investment Banking activities.NEW YORK--(BUSINESS WIRE)--Nov. 4, 1999-- Commerzbank This article is about the bank headquartered in Frankfurt, Germany. For other uses, see Commerce Bank. Commerzbank AG (ISIN: DE0008032004, DAX: B>CBK) is the second-largest bank in Germany (after Deutsche Bank) and headquartered in Frankfurt am Main. has appointed Mehmet Mehmet (also spelled as Memet, Mehmed, or Memed) is the most common Turkish male name. It is the Turkish interpretation of Arabic Muhammad. The word is also commonly used for unranked soldiers in Turkish culture. Dalman, head of Global Equities, as global head of Commerzbank's securities businesses, effective 1 January January: see month. 2000. His new position will encompass Global Bonds and M&A operations as well as Global Equities, reporting to Klaus Klaus is a German given name and surname. It originated as a short form of Nikolaus, a German form of the given name Nicholas. Notable persons whose family name is Klaus
Mr Dalman's enhanced role is a significant vote of confidence in the performance of Commerzbank Global Equities, which earlier this year won the prestigious Primark Extel 'Top rising star broker firm' award. Mr Dalman has overseen the successful launch of the Global Equities business and its continuing international expansion covering Equity Capital Markets, equity brokerage, equity derivatives In finance, an equity derivative is a class of financial instruments whose value is at least partly derived from one or more underlying equity securities. Market participants trade equity derivatives in order to transfer or transform certain risks associated with the , quantitative and fundamental research and the yen product. Commerzbank's Global Bonds business has also continued to trade profitably, based in leading financial centres around the world and dealing in a broad range of bonds and interest rate derivatives An interest rate derivative is a derivative where the underlying asset is the right to pay or receive a (usually notional) amount of money at a given interest rate. The interest rate derivatives market is the largest derivatives market in the world. . Mr Dalman commented: "This development will help deliver integrated capital markets products to the bank's customers where there is increased demand for products to manage risk and market exposures. "This new structure will further strengthen the dynamic development occurring in Commerzbank's investment banking businesses and will enable Commerzbank to provide its clients with solutions to their financing needs at a time of unprecedented growth in the international capital markets." Notes to editors: Commerzbank AG is one of Europe's top universal banks with a balance sheet of E326 billion and AA- S&P and Aa3 Moody's credit ratings. |
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