πŸ‡¬πŸ‡§

Anonymous Source Claims Deutsche Bank In Talks With Rival Commerzbank On Merger

Credit: Wochit News
Published on March 9, 2019 - Duration: 00:36s

Anonymous Source Claims Deutsche Bank In Talks With Rival Commerzbank On Merger

According to a report by Reuters, on Saturday, an unnamed 'person with knowledge of the matter' said that the management board of Deutsche Bank has agreed to hold talks with its rival, Commerzbank, on the possibility of a merger.

The source, speaking on condition of anonymity, said that the first unofficial contacts took place within a very small group and the mandate from Deutsche’s board was given more than a week ago.

Advertisement

Anonymous Source Claims Deutsche Bank In Talks With Rival Commerzbank On Merger

MAY 24, 2018 FILE PHOTO FILE PHOTO

You are here

Recent related news from verified sources

Commerzbank may tweak its strategy following the collapse of merger talks with its larger rival Deutsche Bank, the lender's chief said on Wednesday.
2 days ago • Reuters

Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief...
2 days ago • Reuters

Recent related videos from verified sources

Deutsche Bank Is Hurting, But Shareholders Aren't Giving Up--Yet 00:46
Credit: Wochit - Published 8 hours ago 

These Cities Have The Most Expensive Gas Prices 00:39
Credit: Wochit News - Published 11 hours ago 

Deutsche Bank CEO readies investment bank cuts as stock hits low 01:33
Credit: Reuters Studio - Published 14 hours ago 

Trump Demanded That His Financial Records Be Kept Private. Here's What The Judge Said 00:45
Credit: Wochit News - Published 1 day ago 

Trump Abruptly Ends Meeting With Democrats 00:31
Credit: Wochit News - Published 1 day ago 

Commerzbank open to M&A after Deutsche Bank talks collapse 01:20
Credit: Reuters - Business (Amazon FireT - Published 2 days ago 

Trump Tries In Court To Block Deutsche Bank From Giving Information To House Democrats 00:36
Credit: Wochit News - Published 2 days ago 

Easy Street! These Cities Offer the Best Quality of Life 01:31
Credit: Buzz60 - Published 3 days ago 

You might like