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Six-Billion-Euro Gap Commerzbank Shortfall 'Bigger Than First Thought'

Commerzbank, Germany's second-largest bank, needs even more capital than  previously believed, according to reports. The bank may be forced to take emergency steps to tackle the six-billion-euro shortfall. Meanwhile, ratings agency Moody's may downgrade Commerzbank's creditworthiness.
Commerzbank headquarters in Frankfurt. The bank faces a funding shortfall of around €6 billion.

Commerzbank headquarters in Frankfurt. The bank faces a funding shortfall of around €6 billion.

DPA
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