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Commerzbank reports $3.3 billion Q4 loss amid restructuring

FRANKFURT, Feb 11 (Reuters) - Germany’s Commerzbank on Thursday said that its loss deepened in the fourth quarter, as the lender undergoes a major restructuring and deals with the fall-out of the coronavirus outbreak.

The net loss of 2.70 billion euros ($3.27 billion) euros in the quarter compares with a loss of 97 million euros a year earlier. The bank had already disclosed that it lost nearly 2.9 billion euros for the full year. ($1 = 0.8246 euros) (Reporting by Tom Sims and Patricia Uhlig Editing by Riham Alkousaa)

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