Germany’s Deutsche Bank, Commerzbank to hold talks on merger
Sunday, 17 March 2019 () BERLIN (AP) — Germany’s biggest bank, Deutsche Bank, and domestic rival Commerzbank plan to open talks on a possible merger. Commerzbank said in a brief statement Sunday that the two lenders “have agreed today to start discussions with an open outcome on a potential merger.” Deutsche Bank said its management board had decided to “review […]
According to Reuters, Deutsche Bank and Commerzbank confirmed on Sunday that they were in talks about a merger. Germany’s two largest banks issued short statements, indicating a quickening of pace in..
The top 12 Deutsche Bank managers pocketed €55.7 million for 2018, mainly due to more bonus payments. Unions are already angry at likely job cuts if a merger... Deutsche Welle Also reported by •Reuters