Germany 25-02-2004 Commerzbank set to buy rival Commerzbank will today announce it is buying Bavaria’s loss-making SchmidtBank for between Ђ60m (US$75m) and Ђ70m, providing a glimmer of hope for the long-promised consolidation of Germany’s fragmented banking sector.…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here