Bonuses paid to failed bankers struck a raw nerve in Germany with Chancellor Angela Merkel calling the lavish bonus system incomprehensible. World leaders from U.S.

Germany's Commerzbank shares slump after Dresdner deal BERLIN, Sept. 1 (Xinhua) -- Shares of Germany's Commerzbank AG dropped sharply on Monday at the Frankfurt Stock Exchange after it agreed with Dresdner Bank on a merge deal a day earlier.

By Sean Farrell Commerzbank plans to shed 1,200 jobs in London as it agrees to buy out Dresdner for EUR 8.8bn THE CITY is bracing itself for a further redundancies as Commerzbank prepares to cut more than half its workforce at Dresdner Kleinwort's London operation in its takeover of its German rival.

JSC SITRONICS ("SITRONICS" or "The Company") (LS

VODAFONE will come under the spotlight when it announces half- year results amid market rumours, denied by the mobile phone giant, that chief executive Arun Sarin, below, is close to announcing his departure, writes Simon Fluendy.