01/05/2015
German banks have around 23.5 billion euros in credit exposure to Greece, but the systemic risk is limited as the biggest commercial banks, Deutsche Bank and Commerzbank, hold only a tiny fraction of that,
12/12/2014
Swiss bank UBS has lifted stakes in Spanish REIT/SOCIMIs Merlin Properties and Hispania Activos to €157m and €18.6m, stakes of 12.3% and 3.2% respectively - and making UBS the largest shareholder in Merlin.
12/11/2014
Commerzbank's FXPB unit gets winded down as the bank aims for 'addition by subtraction' in its Market Services business which includes clearing, custody, collateral solutions, and trade repository services.