Where Jacksonville Listens Live for Severe Weather and Breaking News
Hi, (not you?) | Member Center | Sign Out
Commerzbank Predicts Tough 2013
Commerzbank says it will set aside more money for bad loans in 2013, as the economic environment gets worse. Germany's second biggest lender has increased its loan loss provisions from almost 1.4 billion euros to 1.7 billion. Earlier this month, the bank posted a slump in 2012 net profit. Martin Blessing, the bank's CEO, asked investors to be patient.
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}