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Commerzbank swings to smaller-than-expected fourth-quarter loss

FILE PHOTO: The logo of Germany's Commerzbank is seen in the late evening sun on top of its
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FRANKFURT (Reuters) - Germany's Commerzbank on Thursday said that it swung to a smaller-than-expected fourth-quarter loss, as the lender undergoes a restructuring.The net loss in the fourth quarter of 54 million euros (£45.3 million) compares with a net profit of 113 million euros a year earlier and is better than a consensus forecast for a 99 million euro loss.
Date Published: Feb 13, 2020
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