Deutsche Bank and Commerzbank both released statements over the weekend confirming that talks about being held to explore a potential merger.
The US CFTC found that Commerzbank failed to supervise its swap dealing activities and made misleading compliance statements to the regulator.
Brian Jensen, head of corporate credit trading in Europe at Commerzbank, has joined TD Securities and will build out its credit business.
Societe Generale says deal will bring numerous benefits to clients, including extended cross-asset products and technology.
Commerzbank and thyssenKrupp’s FX forward deal was a EUR/PLNFX trade which amounted to €500,000.
Stanfield has led Commerzbank’s OTC client clearing and listed derivatives execution & clearing businesses.