Commerzbank (CRZBY.PK)  unveils a capital raising plan allowing it to pay back €10B of...

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

Commerzbank (CRZBY.PK)  unveils a capital raising plan allowing it to pay back €10B of the €16B it borrowed from the government to get through the GFC. The entire senior staff of the bank has had their salaries capped at €500K until the aid is repaid. Shares +3% in Germany.