Commerzbank: kaput?

Credit of the month

Guido Versondert
Barclays Capital

What are your chances when you try to catch a falling knife? Looking at Commerzbank (A1 negative/A- negative/A negative), we fear that, in the short term, investors may still end up with more blood on their hands despite the recent support shown for the share price and bond spreads.

Is this a time to buy then? We believe not. Commerzbank’s volatile trading performance and modest financial profile urge caution. The implied equity volatility

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: