Commerzbank (CRZBY.PK) is leading European shares higher after a report of some fancy footwork...

|About: Commerzbank AG ADR (CRZBY)|By:, SA News Editor

Commerzbank (CRZBY.PK) is leading European shares higher after a report of some fancy footwork that will allow the bank to get bailed out without it appearing so. The lender is negotiating with the government to transfer its real-estate saddled Eurohypo unit into a state-owned bad bank using clever accounting to make it seem a legitimate sale. Shares +4.6%.