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People and MarketsBank Results

Commerz warns on corona impact for corporate clients

Commerzbank_Adobe_575x375_14May2020

Commerzbank expects its corporate division to remain under pressure from the coronavirus crisis in the second half of the year, after a second quarter where international firms rushed to take out debt products but the bank was stung by a large single provision, understood to relate to disgraced payments company, Wirecard.

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