State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
David Hatton, formerly at Commerzbank and LCH, will join European clearinghouse EuroCCP later this month.
Commerzbank and Octopus Ventures lead $9 million funding round in fixed income analytics provider Mosaic Smart Data.
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.