|Bid||9.32 x 1500000|
|Ask||9.33 x 1500000|
|Day's Range||9.29 - 9.29|
|52 Week Range||9.29 - 9.29|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank, Russian court documents show. RusKhimAlyans, in which Gazprom has a 50% stake, is seeking more than 22 billion roubles from Deutsche Bank and over 8 billion roubles from Commerzbank, according to the documents filed at the Court of Arbitration of St Petersburg and the Leningrad Region.
FRANKFURT (Reuters) -Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman of the German lender, the fifth person to occupy the role over the past six years. Weidmann, the former president of Germany's central bank, was voted onto the bank's supervisory board with 99.2% of the shareholder votes at Commerzbank's annual general meeting.
FRANKFURT (Reuters) -Germany's Commerzbank said on Wednesday that its net profit nearly doubled in the first quarter, beating expectations, but the prospect that income from higher interest rates had reached a peak drove its shares sharply lower. Finance chief Bettina Orlopp told analysts net interest income had probably peaked in the quarter and that further provisions for its mBank unit in Poland were possible. Net profit rose to 580 million euros from 298 million a year earlier, topping the 481 million expected by analysts in a consensus forecast published by Commerzbank.