Commerzbank

Verdi has called nationwide warning strikes for around 150,000 employees in the private banking sector to put pressure ahead of the second round of collective bargaining on 2 November. Full-day actions are announced in Hamburg that will also affect Commerzbank branches. The union is demanding a 6% pay rise, €300 monthly for junior staff, rules on the use of AI, as well as binding employment and training safeguards; employers reject the demands as excessive and expect only limited operational impact. On the markets, Commerzbank shares traded slightly weaker at around €35.80. » More on finanzen.net

The Commerzbank share closed at €35.86, breaking the 200-day line at €36.18 and signaling further short-term downward pressure. Barclays slightly cut its price target from €42 to €41 and downgraded its recommendation from “Overweight” to “Equal Weight”, citing pressure from net interest income and competition for deposits. Analysts are divided (8 buy, 9 hold, 2 sell); the average price target is €43.39, implying roughly 22% upside, but the situation remains volatile in the short term. » More on deraktionaer.de

Voltatron AG has closed a €14 million financing package that includes revolving working capital lines of €10.0 million (three‑year term, variable interest at 3‑M‑Euribor plus margin) and investment loans of €4.0 million (five‑year term, fixed market rates). The core lenders are a club deal with Commerzbank and Landesbank Baden‑Württemberg. Voltatron is also in advanced talks to widen the financing mix, which could raise the volume to more than €20 million. » More on finanzen.net