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Small Blessing

13 March 2015 By Dominic Elliott, Olaf Storbeck

The German bank had largely provisioned the $1.45 bln in fines paid to U.S. authorities for sanctions and other breaches. Yet closure should help Berlin sell its 17 pct stake. The return of bank M&A is another plus, though Commerz’s huge balance sheet means it is a distinct case.

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