Commerzbank chairman Martin Blessing today faces a second day of tough questioning as he resumes his place in the witness box in the UK trial between the German bank and dozens of former staff at its investment banking subsidiary Dresdner Kleinwort.

Blessing spent much of yesterday on the stand being questioned by Andrew Hochhauser QC, who is representing one of two groups of claimants pursuing the bonus dispute against Commerzbank. The hearing will resume this morning with the Commerzbank chairman again giving evidence.