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Commerzbank returns to profit as overhaul pays off

FRANKFURT (AFP) – Commerzbank, Germany’s second-biggest lender, said on Thursday the group had booked a profit in 2021 despite significant transformation costs as it seeks to trim its business. The bank made a net profit of EUR430 million under the guidance of new Chief Executive Officer (CEO) Manfred Knof, who took the reins in January
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