Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now OTC Markets OTCPK - Delayed Quote • USD Commerzbank AG (CRZBF) Follow Compare 22.20 0.00 (0.00%) At close: March 5 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Commerzbank on Overnight News Commerzbank in its "European Sunrise" note of Wednesday highlighted: Markets: German bond Buxl fu Despite Losing Week, Front-Gold Finishes Month With Gains Front-month gold futures had a tough week, dropping 3.5% amid heightened concerns about the U.S. officially imposing a 25% tariff on Canada and Mexico, as well as an additional tariff of China. Futures fell 1.6% Friday. Exclusive-ECB poised to approve UniCredit's investment in Commerzbank, source says FRANKFURT (Reuters) -The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival Commerzbank, a person familiar with the matter told Reuters, a move that could pave the way for Europe's biggest cross-border banking deal since the global financial crisis. ECB staff are likely to complete their analysis of UniCredit's purchase of 29.9% of Commerzbank by early March, setting the stage for approval by the regulator's Supervisory Board later in the month, the source said. The most recent briefing from the ECB's supervisory experts, which included different scenarios to evaluate the banks' solidity, was positive, the source added. German antitrust watchdog weighs UniCredit move on Commerzbank UniCredit has asked German antitrust authorities to approve its move to take a substantial stake in Commerzbank, another key hurdle for the Italian bank to overcome as it pursues a possible takeover of the German lender. UniCredit has built a web of financial transactions to secure a Commerzbank stake of just under 30%, putting it on the cusp of a full-blown takeover of one of the most important lenders to Germany's small and medium-sized Mittelstand companies. Commerzbank Comments on Canadian Dollar Last year wasn't a particularly good one for the Canadian dollar (CAD or loonie) and the first few w Commerzbank Reports Full Year 2024 Earnings Commerzbank ( ETR:CBK ) Full Year 2024 Results Key Financial Results Revenue: €10.4b (up 4.5% from FY 2023). Net... Germany’s Commerzbank to shed 3,900 jobs by 2028 The lender plans to execute the job reductions by primarily relying on demographic changes and natural workforce fluctuations. Commerzbank AG (CRZBF) Q4 2024 Earnings Call Highlights: Strong Financial Performance and ... Commerzbank AG (CRZBF) reports a 20% increase in net results, surpassing targets with robust revenue growth and shareholder returns. Orcel Faces Fresh Opposition From Merz in Chase for Commerzbank (Bloomberg) -- If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s German election might smooth his path to taking control of Commerzbank AG, he seems to have been mistaken.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Commerzbank to Boost Profit, Cut Jobs to Fend Off UniCredit (Bloomberg) -- Commerzbank AG vowed to increase profitability, including by cutting thousands of jobs in Germany, as Chief Executive Officer Bettina Orlopp seeks to avoid a takeover by rival UniCredit SpA.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCan Portland Turn a Corner?SpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe German lende Commerzbank to cut 3,900 jobs, mainly in Germany, as it seeks to fend off UniCredit FRANKFURT (Reuters) -Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders. The job cuts, mainly in Germany and expected to take place by 2028, will be accompanied by hiring outside the country, meaning the bank's full-time positions will remain steady at 36,700, the bank said. For months, Commerzbank's management, under the leadership of CEO Bettina Orlopp, has been working on the strategy update that she has said would reveal the "significant value potential" of the bank. Commerzbank AG (ETR:CBK) is largely controlled by institutional shareholders who own 46% of the company Key Insights Given the large stake in the stock by institutions, Commerzbank's stock price might be vulnerable to their... Commerzbank plans job cuts, new targets to keep UniCredit away, sources say Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans told Reuters. Four of them said, however, the measures would be more evolutionary than radical, while some conceded that a takeover of the German bank, which saw its stock price jump by 50% since UniCredit first signalled interest, may be hard to stop. The battle for Commerzbank, pitting one of Italy's biggest banks against the German establishment, has become a test case of the country's ability to fend off foreign suitors and prevent its financial centre from losing one of its few remaining big commercial banks. 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Orcel Aims to Calm UniCredit Germany Staff Over Commerzbank Bid (Bloomberg) -- UniCredit SpA Chief Executive Officer Andrea Orcel touted the benefits of a combination with Commerzbank AG to the Italian bank’s staff in Germany, indicating that a deal wouldn’t result in deep immediate changes for UniCredit’s existing operations in the country.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’ Commerzbank on Who Will Pay for U.S. Trade Tariffs United States President Donald Trump over the weekend declared a national emergency due to the "extr Commerzbank Lifts Shareholder Returns After 2024 Profit Breaks Record The lender is planning a new €400 million share buyback and increased its dividend payout after posting record net profit last year due to a strong customer business. Commerzbank Comments on Canadian Dollar Ahead of Central Bank Policy Decision The Bank of Canada will hold its first meeting of the year on Wednesday and release the policy state Commerzbank Asks If The Migration Debate Will Move the Polls Ahead of Germany's February Election Four weeks before Germany parliamentary elections, there is little movement in the polls: although t Performance Overview Trailing total returns as of 3/6/2025, which may include dividends or other distributions. Benchmark is DAX P Return CRZBF DAX P YTD +43.69% +17.63% 1-Year +97.35% +32.19% 3-Year +237.25% +78.85%