An update from Commerzbank ( (DE:CBK) ) is now available.
Commerzbank announced that no stabilisation measures were undertaken in relation to the EUR 3 billion tap due in 2035 issued by Kreditanstalt fuer Wiederaufbau (KfW), guaranteed by the Federal Republic of Germany. This notice is informational and highlights the involvement of Commerzbank, along with Barclays Bank, DZ Bank, and UBS, as stabilising managers, indicating a stable issuance process without the need for intervention, which may reflect positively on the market’s reception of the securities.
More about Commerzbank
Commerzbank is a major German bank operating in the financial services industry, offering a range of banking products and services. It plays a significant role in the European banking sector, providing services such as investment banking, retail banking, and corporate banking.
YTD Price Performance: 27.77%
Average Trading Volume: 1,516,585
Technical Sentiment Signal: Strong Sell
Current Market Cap: €24.18B
See more data about CBK stock on TipRanks’ Stock Analysis page.