Germany's Commerzbank on Wednesday posted a 54 percent drop in net profit i...
FILE PHOTO: A sign for an ATM of Commerzbank is seen in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach/File Photo
Net profit of 120 million euros was slightly above the 115 million euros expected by analysts in a Reuters poll. It fell from 262 million euros a year earlier. Talks with Deutsche Bank were discontinued last month after six weeks of negotiations. The banks attributed the failure to the risks of doing a deal, restructuring costs and capital demands.
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