trending Market Intelligence /marketintelligence/en/news-insights/trending/Bac0afhswvuMPD3KAF60-A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Top Commerzbank investors dissatisfied with new turnaround plan

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go


Report: Top Commerzbank investors dissatisfied with new turnaround plan

Some of the biggest shareholders of Commerzbank AG are not satisfied with the Frankfurt-based lender's recently unveiled turnaround strategy, people familiar with the matter told Bloomberg News.

At least two investors, including 5% shareholder Cerberus Capital Management LP, doubt that the new plan will be enough to secure the bank's future, the sources said. They reportedly believe that the profitability targets could be more than doubled and consider the planned sale of Polish arm mBank SA a mistake.

Regulators are also in two minds about the plan, which involves thousands of job cuts and branch closures over several years, according to the Oct. 25 report. Fitch Ratings revised its outlook on the bank to negative, citing material execution risks entailed by the plan.

"Commerzbank 5.0" also envisages hefty investments in IT and technology and the absorption of digital unit comdirect bank AG.

The German government, which holds 15% of Commerzbank, commissioned Boston Consulting Group to evaluate the lender's strategy for 12 months at most, Bloomberg added.