Comment on Commerzbank profit rises 15 percent

Commerzbank profit rises 15 percent

FRANKFURT, Germany (AP) — Germany's Commerzbank says third-quarter net income rose by 15 percent to 77 million euros ($104 million) as it cut costs and took fewer losses on shaky investments set aside for disposal. The bank's shares jumped 9.4 percent to 10.19 euros and led Germany's DAX blue-chip index in morning trading in Europe.

 

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