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Commerzbank cancels its 2019 dividend recommendation

Commerzbank AG annual results news conference in Frankfurt

FRANKFURT (Reuters) - Commerzbank <CBKG.DE> said on Monday that it will not propose a dividend for 2019.

With the move, the German bank joins lenders across the euro zone in tearing up plans to return cash to shareholders at the behest of regulators.

(Reporting by Tom Sims; editing by Thomas Seythal)