
commerzbank


Commerzbank board takes pay cut after €6.6 billion in losses
Germany's second biggest bank, Commerzbank, posted a 2008 net loss of €6.6 billion ($9 billion) on Friday and said its board would take a 65 percent pay cut.
Germany's second biggest bank, Commerzbank, posted a 2008 net loss of €6.6 billion ($9 billion) on Friday and said its board would take a 65 percent pay cut.