Commerzbank posts 2008 net loss of 6.6 bln euros

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Commerzbank posts 2008 net loss of 6.6 bln euros
AFP Journal Internet – Germany’s second biggest bank, Commerzbank, posted a 2008 net loss of 6.6 billion euros (nine billion dollars) Friday and said its board would take a 65 percent pay cut.

London ‘must be at the forefront of regulatory reform’
London ‘must be at the forefront of regulatory reform’

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