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DealBook: Chief of British Lender Quits

LONDON – Barry Tootell, the chief executive of the British lender Co-Operative Banking Group, resigned on Friday, less than a month after the firm failed to acquire part of the branch network of a...

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DealBook: Commerzbank to Raise $3.2 Billion in New Capital

Fabrizio Bensch/ReutersA branch of Commerzbank in Berlin. LONDON – European banks have gone on a capital-raising binge. Commerzbank of Germany, the latest entrant, began a heavily-discounted effort on...

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