Report
Roland Pfaender,MBA,CFA,CCRA ...
  • Steven Gould

Commerzbank : Unicredit continues to advance its strategy…

>A surprise announcement from UCG of a further increase in the capital - Only days after the announcement from the German state of the indefinite suspension of its process of exiting the capital of CBK (i.e. maintaining the 12% stake over the long term) UCG has just announced the acquisition of an additional 11.5% via financial instruments, thus taking its stake to close to 21% and making its CBK’s leading shareholder. As a reminder, at the same time UCG has requested...
Underlying
Commerzbank AG

Commerzbank operates through five segments: Private Customers, which comprises the Private Customers, Direct Banking and Commerz Real divisions; Mittelstandsbank, which include the Mittelstand Germany, Corporate Banking & International and Financial Institutions divisions; Central and Eastern Europe, which consists of the universal and regional banking and direct banking activities; Corporates and Markets, which consists the Equity Markets & Commodities, Fixed Income & Currencies, Corporate Finance and Credit Portfolio Management divisions; as well as Non-Core Assets, which includes the operations of CRE Banking Germany, CRE Banking International, Public Finance and Deutsche Schiffsbank.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Roland Pfaender,MBA,CFA,CCRA

Steven Gould

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