12-02-2016 18:41 via news.yahoo.com

Big profit at Commerzbank marks comeback from brink

Commerzbank, Germany's second biggest bank, said Friday that its profits quadrupled in 2015, highlighting a remarkable comeback from the brink of disaster during the financial crisis. In a rare upbeat announcement amid the current gloom gripping the European banking sector, Commerzbank also said it would resume dividend payments as it expects to see further profit growth this year. Investors welcomed the strong 2015 showing by the lender which posted a net profit of 1.06 billion euros ($1.2 bill
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