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Commerzbank Reports Net Losses on Onetime Write-off and Restructuring Costs

by Amruth Sundarkumar | Aug 5, 2021 | Banks

Commerzbank reported net losses of €527mn ($624mn) in Q2 vs. net profits of €183mn ($217mn) in 2Q2020. For H1, net losses stood at €394mn ($466mn) vs. losses of €107mn ($127mn) during the same period last year. Losses occurred with restructuring costs of €511mn...

Commerzbank Reports Net Losses on Onetime Write-off and Restructuring Costs

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