Commerzbank Said to Seek Up to EU10 Billion to Repay State Aid

Commerzbank AG, Germany’s second-largest bank, may raise as much as 10 billion euros ($14 billion) to help repay government aid, according to two people familiar with the matter.

The Frankfurt-based bank may announce plans to sell new shares and other securities as early as today, said the people, who declined to be identified because the deliberations are confidential. Commerzbank, which may raise between 5 billion euros and 10 billion euros, is still completing the plans and they may change, the people said.