Commerzbank investor Capital Group increases stake to almost 5%
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FRANKFURT (Reuters) - Capital Group has increased its stake in Commerzbank to 4.82% from 2.93%, a regulatory filing showed, making the Los Angeles-based investor one of the German bank's largest shareholders.Capital Group earlier this month bought a big stake in rival Deutsche Bank , marking a vote of confidence in that troubled lender.Shares in Commerzbank briefly jumped on the news of the Capital investment, making up some of its earlier losses, but were still trading 5% lower early afternoon..