CRZBF News and Press, Commerzbank AG From 11/07/19

Commerzbank AG ( OTCPK:CRZBF ): Q3 GAAP EPS of €0.23. More news on: Commerzbank AG, Commerzbank AG, Earnings news and commentary, Financial stocks news, Read more ...

Commerzbank ( OTCPK:CRZBY ) ( OTCPK:CRZBF ) falls 1.8%  after Fitch Ratings revises the outlook on the German bank's long-term issuer default rating to negative from stable. More news on: Commerzbank AG, Commerzbank AG, Financial stocks news, Global news and forex, Stocks on the mo...

Now that Germany's second largest cooperative lender has started charging retail customers to account for negative interest rates, other German banks are warming to the idea, Bloomberg reports. More news on: Deutsche Bank Aktiengesellschaft, Commerzbank AG, iShares MSCI Europe Financials...

New strategy, old problems As I feared, the new strategy (available here ) contains downgrades to ROTE and revenue ambitions. It also marks a refocusing toward cost cutting and a step back from the previous growth agenda. None of this is positive, even if it perhaps better reflects the r...

Gold  declined on Friday (September 27) thanks to pressure from a stronger US dollar. The yellow metal is on course for its worst week in 6 months as investors sought out the greenback over the precious metal . “The main reason gold is down is because the US dollar is strengt...

I recommended buying Commerzbank ( OTCPK:CRZBF ) back in May (article here ) as a speculative bet on German consolidation and on the prospect of an improvement in the company's woefully low ROTE. It's a bet that hasn't worked and the shares have since fallen another 23%, way below the -10% ...

When I last wrote on UniCredit (OTCPK: UNCFF ) I said it was a stock on my watchlist but it was probably too early to buy ahead of an important Investor Day on 3 December, when management will present a new business plan to 2023. Since then (early May) the stock has indeed moved sideways as...

Commerzbank's ( OTCPK:CRZBF ) board of managing directors submits to the supervisory board its draft strategy that calls for a net decrease of 2,300 in headcount, EUR 1.6B of investments, closing 200 branches, and the sale of its majority stake in mBank ( OTCPK:BREJY ). More news on: Com...

The following slide deck was published by Commerzbank AG in conjunction with their 2019 Q2 earnings Read more ...

Commerzbank AG ( OTCPK:CRZBF ): Q2 GAAP EPS of €0.22. Revenue of €2.1B (-2.8% Y/Y) misses by €270M . Press Release More news on: Commerzbank AG, Earnings news and commentary, Financial stocks news,