, Columnist
Banking's Great Comedy Double-Act
Like Deutsche, Commerzbank still has a long way to go.
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Things are so bad at Deutsche Bank AG that even Commerzbank AG is starting to look like a better bet. Don't get carried away though.
On Thursday, the lender once lampooned as "Comedy Bank" posted better-than-expected fourth-quarter profit and said it may start paying dividends again for the first time in three years. The shares have risen 14 percent in the past six months, the fourth-best performing stock in the Bloomberg Europe 500 Banks and Financial Services Index.