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People and MarketsBank Results

Frantic few months at loss-making Commerzbank

Commerzbank_Adobe_575x375_14May2020

It was a busy first quarter at Commerzbank’s corporate clients division, as companies rushed to secure liquidity and access Germany’s support programmes. But that division and the group as a whole made a loss in the quarter, results released on Wednesday showed, as cost of risk rose and valuations of derivative positions fell.

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