Commerz bows out of Centradia

TECHNOLOGY NEWS

FRANKFURT -- Commerzbank is no longer "actively involved" with European regional multi-bank portal Centradia, a spokesperson for the portal told FX Week.

However, he could not say whether this meant the bank is no longer an equity-holder in the enterprise that was owned by five banks, including Commerz, when it launched last November.

The other four banks -- UK's Royal Bank of Scotland, Italy's Sanpaolo IMI, Spain's Banco Santander Central Hispano and French bank SG are still contributing prices

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