Positive economic data are pushing the stock market today, and Commerzbank shares are also there. In addition, the rotation continues towards the previous corona losers. The mark of five euros was easily exceeded today, the rally continues. The publication of the preliminary purchasing managers’ indices this morning gave the markets new momentum. In the manufacturing … Read more
It is clear that the situation for Commerzbank is anything but rosy. The current year was characterized by high provisions for loan losses due to the corona pandemic. In addition, the further falling interest rates put pressure on the margin and, to top it off, the management duo threw it out. Management has been expecting … Read more
Housing construction in the Berlin district of Kreuzberg The property that the Parfitts wanted to expand with a loan from Commerzbank is also located in this district. – (Photo: dpa) – – – – Frankfurt An attic in a prime location in the trendy Kreuzberg district, shell construction, wooden beams: In 2017, Justin Parfitt and … Read more
The euphoria about a corona vaccine hit the markets yesterday. The European bank reference index, the Euro Stoxx Banks, rose by more than 13 percent, the fastest it has for ten years. The Commerzbank share took off even more, and from a chart perspective it is now extremely exciting. A vaccine would be the game … Read more
KfW has become one of the most important banks again since the corona crisis. The KfW corona loan is the favorite instrument of CFOs. But the house banks also play a role; they forward the application to KfW and participate in the loans. Companies can only apply for loans of 100 million euros or more … Read more