Major parts of the markets and commodities division sold to Société Générale have been transferred but the transaction is not expected to be completed before 2021.
Commerzbank has reported an operating profit of €990m in the first nine months of 2019, compared with €1 billion in the same period last year. Net interest income in the period under review, at €3.8 billion, was 7.2% above the prior-year level. The discontinued operations business unit, which includes the income and expenses of the equity markets & commodities (EMC) division sold to Société Générale, posted a result after tax of €9m. As at Se
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