Banks to miss out on Commerzbank's structured sale

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Banks to miss out on Commerzbank's structured sale

Banks may lose out to other market players in competition to buy Commerzbank’s structured investment and ETF businesses, which will be on the market from next year, once they have been carved into a new entity. But investment banks are likely to be in pole position for the German bank’s exotic FICC derivatives book, also up for sale.

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