bank in crisis commerzbank is pushing ahead with downsizing

bank in crisis commerzbank is pushing ahead with downsizing

A Shift in Strategy Commerzbank AG, a German bank that has faced significant challenges due to the economic crisis, is pushing forward with its downsizing efforts. In a major move, the bank has announced that it will be shedding its 4.5 billion euro ($5.05 billion) portfolio of distressed shipping loans [^1^]. Swiftly Swapping Bonds To …

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