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Commerzbank sees 2020 loss from Wirecard, virus

Video Credit: Reuters Studio
Published on August 5, 2020 - Duration: 01:12s

Commerzbank sees 2020 loss from Wirecard, virus

Commerzbank expects a writedown on loans to collapsed payments firm Wirecard and fallout from the coronavirus crisis to result in a loss for the year, compounding the challenges already facing Germany's second-largest bank.

Francis Maguire reports.

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