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  • Germany's second-largest lender Commerzbank on Wednesday announced a net loss of "almost 2.9 billion euros" ($3.5 billion) for 2020, its first full-year loss since the 2009 financial crisis. In an ad hoc statement announcing preliminary results, Commerzbank blamed the hit on "the burdens of the coronavirus pandemic" and restructuring charges linked to job cuts and branch closures. mfp/har
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  • Germany's Commerzbank posts 2020 loss of nearly 2.9 bln euros
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