Commerzbank (CRZBY.PK) tumbles 8.5% in Frankfurt after the bank sets a €2.5B capital raise...

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

Commerzbank (CRZBY.PK) tumbles 8.5% in Frankfurt after the bank sets a €2.5B capital raise to pay back the German government, which wants to cut its stake in the bailed-out lender to 20% from 25%. The Dax shuddered a bit yesterday on rumors of the action, and today -0.2%. EWG +2.5% YTD.