Download PDF Introduction On September 10th, Italy’s UniCredit SpA [ETR: CRIN] has acquired a total 9% stake in the German Commerzbank AG [FWB: CBK], half of it directly off the hands of the German finance agency. About a week later the stake was increased to 21%, the majority of it Read more…
[edmc id= 3343]Download here the Weekly Market Brief[/edmc] United States US economic data came in mixed, giving supple reason for the volatility seen in financial markets. The S&P 500 is trading near 2014 lows, due to intense dollar weakness on the back of the futures market pricing in almost 0% chance Read more…
Commerzbank Market Cap (as of 17/05/13): €4.42bn Deal Type: €2.5bn Rights Issue On Tuesday Commerzbank announced the details of the rights issue it previously declared in March. This rights issue will aim to raise €2.5bn in line with Basel III capital requirements. An earlier vote of the Board of Directors Read more…