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Deutsche Bank set to go public on Commerzbank merger talks

Credit: Reuters- Published on March 17, 2019
Deutsche Bank was set on Sunday to confirm merger talks with Commerzbank, according to a person with knowledge of the matter, an indication that efforts to combine Germany's two largest lenders are gaining pace.
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Credit: Wochit News
Published on March 17, 2019 -  00:33
Deutsche Bank And Commerzbank Go Public On Merger Talks
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 merger process. In a statement, Deutsche said β€œIn light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options." Deutsche added that it still aimed β€œto remain a global bank with a strong capital markets business...with a global network”.

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