UPDATE 1-Beleaguered Commerzbank CEO underscores focus on cost cuts <!-- no image --> <div>Commerzbank, under fire from a top investor for its strategy and leadership, is focused on cutting costs, the German lender's chief executive said on Thursday.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=USRgaOrPk9U:wOqRZdkTRU8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=USRgaOrPk9U:wOqRZdkTRU8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=USRgaOrPk9U:wOqRZdkTRU8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=USRgaOrPk9U:wOqRZdkTRU8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=USRgaOrPk9U:wOqRZdkTRU8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/USRgaOrPk9U" height="1" width="1" alt=""></div> Posted by Reuters