Commerzbank Third-Quarter Income Up But Forex Results Stay Flat, Says Duttweiler
BANKS
Income from financial transactions helped boost the overall operating result after provisions at Commerzbank for the first nine months of 1995, the bank has reported. The net income from financial transactions jumped from DM76 million in 1994 to DM361 million for the first nine months of this year, contributing to an overall 114.2 per cent increase in the group's results. Commerz does not break out foreign exchange income.
However, global treasury director Rudolf Duttweiler says that the bulk of
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