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Commerzbank AG (CBKG.DE)

CBKG.DE on Xetra

12.74EUR
6:32am EST
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€-0.01 (-0.08%)
Prev Close
€12.76
Open
€12.71
Day's High
€12.81
Day's Low
€12.65
Volume
3,325,174
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9,870,720
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€12.84
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€6.97

Latest Key Developments (Source: Significant Developments)

Commerzbank to transfer securities settlement ‍​
Thursday, 7 Dec 2017 04:18am EST 

Dec 7 (Reuters) - Commerzbank Ag ::SAYS IT AND HSBC TRANSACTION SERVICES GMBH AGREE STRATEGIC PARTNERSHIP FOR SECURITIES SETTLEMENT‍​.SAYS COMMERZBANK’S SECURITIES SETTLEMENT BUSINESS PROCESSES WILL BE TRANSFERRED.SAYS A JOINT VENTURE SHALL BE SET UP IN WHICH COMMERZBANK SHALL HAVE A 20 PER CENT MINORITY STAKE.SAYS INVESTMENTS AND EXPECTED MEDIUM-TERM SAVINGS ARE FULLY ACCOUNTED FOR IN THE “COMMERZBANK 4.0” STRATEGY.  Full Article

Commerzbank: cooperating fully with Frankfurt tax probe
Friday, 10 Nov 2017 08:37am EST 

Nov 10 (Reuters) - Commerzbank says::Cooperating fully with Frankfurt tax probe.  Full Article

Commerzbank to add more customers in 2017 than planned - CFO
Thursday, 9 Nov 2017 03:48am EST 

Nov 9 (Reuters) - Commerzbank CFO during conference call:Says will beat target for 2017 growth in customer numbers.Says sticking with guidance that there will be no dividend for 2017.  Full Article

Commerzbank has 132 mln euros in H2 net exceptional revs
Monday, 16 Oct 2017 12:09pm EDT 

Oct 16 (Reuters) - Commerzbank AG :Discloses further transaction effects from the transfer of the instalment loan portfolio of approximately EUR 3.5 bn and the termination of the "Commerz Finanz GmbH" joint venture as of Aug. 18, 2017..Says net exceptional revenues amount to 132 million euros for the second half of 2017.‍​.  Full Article

Commerzbank says sticks to 2017 outlook despite restructuring charges
Tuesday, 26 Sep 2017 04:17am EDT 

Sept 26 (Reuters) - Commerzbank AG says:Sticks to 2017 outlook as given with H1 results, including a slightly positive net result despite fully booked restructuring charges in Q2.  Full Article

Petrus Advisers to hike Comdirect stake to over 5 pct - WirtschaftsWoche
Thursday, 21 Sep 2017 05:00am EDT 

Sept 21 (Reuters) - Petrus Advisers managing director Klaus Umek tells Wirtschaftswoche :"We will buy (Comdirect <<>>) shares and will increase our holdings to more than five percent.".Petrus Advisers has asked for a reshuffle of the supervisory board, a new management incentive programme, 25 mln eur in cost cuts and a sale of Comdirect's eBase unit.  Full Article

Commerzbank assumes instalment loan portfolio of approx EUR 3.5 bln
Monday, 21 Aug 2017 05:11am EDT 

Aug 21 (Reuters) - COMMERZBANK AG ::ASSUMES INSTALMENT LOAN PORTFOLIO OF APPROXIMATELY € 3.5 BN – “COMMERZ FINANZ GMBH” JOINT VENTURE DISSOLVED AS OF 18.08 2017.  Full Article

Commerzbank CFO says sees stable underlying revenue in 2017 vs 2016
Wednesday, 2 Aug 2017 03:52am EDT 

Aug 2 (Reuters) - Commerzbank :CFO says sees stable underlying revenue this year versus last year.  Full Article

Commerzbank, employees agree personnel reductions
Thursday, 13 Jul 2017 12:01pm EDT 

July 13 (Reuters) - Commerzbank AG :Says agree with employee representative committees on framework for personnel reductions.Says has agreed an outline reconciliation of interests and outline social plan with the employee representative committees in germany.Says agreed with labour reps that operational redundancies will be used only as a last resort in implementing the personnel reductions.  Full Article

Commerzbank says may update earnings guidance after Q2 results
Tuesday, 9 May 2017 02:35am EDT 

May 9 (Reuters) - Commerzbank CFO says on analyst call discussing first-quarter earnings:Will wait another quarter before potentially adjusting guidance for shipping unit, despite recent pickup of sector.Wants to see Q2 results before discussing full-year earnings guidance.Disposal process for EMC unit will not start before 2018.  Full Article

BRIEF-Commerzbank to transfer securities settlement ‍​

* SAYS IT AND HSBC TRANSACTION SERVICES GMBH AGREE STRATEGIC PARTNERSHIP FOR SECURITIES SETTLEMENT‍​