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Commerzbank expects net loss for 2020 after Q2 profit decline

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Published Wed, Aug 5, 2020 · 05:29 AM

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    [FRANKFURT] Germany's Commerzbank, in the midst of a leadership crisis, on Wednesday said it expected to post a net loss for the full year after net profit declined 21 per cent in the second quarter.

    The net profit in the second quarter of 220 million euros (S$356.3 million) compares with net profit of 279 million euros a year earlier.

    REUTERS

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