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Commerzbank results better than predicted

Commerzbank results better than predicted
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Commerzbank posted better than expected first-quarter results on Thursday thanks to strong trading and lower risk provisions.

Net profit was 708 million euros, up from a loss of 864 million a year before.

However, the earnings at Germany’s second-biggest lender did not match that of its rivals as it has only a small-scale investment banking business.

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