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Home > Another German bank in trouble: Commerzbank to cut 9,600 jobs, suspend dividend

Another German bank in trouble: Commerzbank to cut 9,600 jobs, suspend dividend

Submitted by cpowell on Thu, 2016-09-29 08:31 Section: Daily Dispatches

By Marion Dakers
The Telegraph, London
Thursday, September 29, 2016

Commerzbank, the second-biggest bank in Germany, has suspended its dividend and revealed more than 9,000 job losses as it tries to shore up its business in the face of ultra-low interest rates and sagging client activity.

The bank said its decision to cut almost one in five of its employees worldwide and merge two of its largest businesses will result in a E700-million write-off and a loss for this quarter. ...

... For the remainder of the report:

http://www.telegraph.co.uk/business/2016/09/29/now-another-german-bank-i... [1]



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Company Announcement
Wednesday, September 14, 2016

VANCOUVER, British Columbia, Canada -- Gold Standard Ventures Corp. (TSXV: GSV; NYSE MKT:GSV) today announced assay results from two holes, DS16-21 and DS16-04, at the recently discovered North Dark Star oxide gold deposit on its fully-owned and controlled Railroad-Pinion Project in Nevada’s Carlin Trend. Results from DS16-21 have increased the width of the deposit and, more importantly, have confirmed that higher-grade oxide mineralization projects up-dip to more shallow depths to the east of DS16-08.

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...For the remainder of the announcement:

https://goldstandardv.com/news/2016/expansion-gold-standards-north-dark-... [2]



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Source URL: http://gata.org/node/16781

Links
[1] http://www.telegraph.co.uk/business/2016/09/29/now-another-german-bank-is-in-trouble-commerzbank-to-cut-9600-jo/
[2] https://goldstandardv.com/news/2016/expansion-gold-standards-north-dark-star-high-grade-oxide-deposit-continues-intercept-56-2m-1-83g-aut/
[3] http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.html
[4] http://www.goldrush21.com/order.html
[5] http://tinyurl.com/zr4tjuc
[6] http://www.gata.org
[7] http://www.gata.org/node/16