Bloomberg Commerzbank AG saw earnings last quarter hit by a long series of one-time charges, undermining an otherwise solid performance and complicating efforts by Chief Executive Officer Manfred Knof to grow the lender. The shares fell after Commerzbank reported 18% lower revenue and a net loss of 527 million euros, both worse than estimated. However, it reiterated a forecast for …

Bloomberg Mitsubishi UFJ Financial Group Inc’s new hybrid work model in its EMEA region gives its staff plenty of say over how they will return to the office. The Japanese lender said it will leave it up to employees and their managers to “establish their own personal rhythms of home and office work,” according to a statement. It will continue …

Bloomberg Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat forecasts driven by lower provisions for bad loans. Oversea-Chinese Banking Corp, the city state’s second biggest bank, will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income to S$1.16 billion ($859 million), just ahead of …