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Deutsche Bank And Commerzbank To Merge

Credit: Rumble
Published on March 18, 2019 - Duration: 00:39s

Deutsche Bank And Commerzbank To Merge

Deutsche Bank and Commerzbank have agreed to hold formal talks about merging to create Europe's fourth-largest lender.

Critics have highlighted up to 20,000 job losses, the pair's bad deals in the past, and existing challenges for both banks.

After months of speculation, Deutsche Bank and Commerzbank have agreed to hold formal talks about a merger.

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