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 videos from verified sources

Deutsche Bank leads European shares higher, China stocks up 01:14
Credit: Reuters Studio - Published 19 hours ago 

Heineken Misses Earnings Estimates 00:32
Credit: Wochit Business - Published 3 weeks ago 

Who Did Deutsche Bank Lose $20 Billion To? 00:32
Credit: Wochit - Published on July 25, 2019 

Deutsche Bank suffers $3.5 billion loss on road to reinvention 01:32
Credit: Reuters Studio - Published on July 24, 2019 

You might like