Commerzbank Sees Negative Net Result In Q2 On Restructuring Charges

German lender Commerzbank AG on Friday forecast a net loss for the second quarter of 2017, citing higher than expected restructuring charges related to the implementation of Commerzbank 4.0 strategy. Despite the higher restructuring charges, Commerzbank added that it does not expect to report a negative net result for financial year 2017.

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