Reuters ahead with crucial information on Commerzbank cap hike plans

Reuters was ahead of the pack with an exclusive report that Commerzbank would reveal its multi-billion euros state repayment plan on April 6. Reuters uncovered the day before that the plans included a bunch of measures, including a capital hike of several billion euros. The news was confirmed by Germany’s second biggest bank twelve hours later, which led to a four percent rise in the share. The story, mentioned in Alpha`s analyst note, was unmatched for hours and got play in almost all leading German newspapers, Financial Times Deutschland, Handelsblatt, and Sueddeutsche Zeitung.