div > div.group > p:first-child"> Several media reports over the weekend suggested Deutsche Bank CEO Christian Sewing had dropped his opposition to the deal. Sewing was reportedly forced to reconsider his stance following investor pressure over the bank's declining performance.
A banking industry source with knowledge of the matter, who preferred to remain anonymous, told CNBC there's not massive support for the merger within Deutsche Bank."The general feeling is that the merger is not a great idea since Commerzbank doesn't have the same amount of credibility on the street as Deutsche Bank when it comes to clients and this can impact future trades."
"First of all, there is no sound economic reason from my perspective. There is no immediate need as there is no concern of the liquidity position ... And therefore it all boils down to whether you could create a strong bank out of the two," he said. "I think Germany probably wants a banking champion, but gosh, putting two big banks together is hard work," Grimstone told CNBC's Dan Murphy in Dubai.
While the government has made no official statement on the potential merger, speaking to CNBC at the World Economic Forum in Davos earlier this year, Economy Minister Peter Altmaier said he is willing to lend"political support" to Deutsche Bank in its recovery path.
two ailing companies rallying because of a merger talk? even if they did, it would just create a larger company that would collapse anyways
na bravo! was kann schiefgehen...
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Deutsche Bank, Commerzbank CEOs resume talks over potential merger: FocusDeutsche Bank and Commerzbank's chief executives have resumed talks over a ... Together they can afford the fines Deutsche has coming D Vestager has likely a problem with that! Btw, for Danske Bank....EU banks will not touch that thing. Left to US banks and vulture funds. PayBackForNarrowMindedAttitude Once out of Commission, get a nice paying job in Washington DC for good services ?
La source: Reuters - 🏆 2. / 97 Lire la suite »
Deutsche Bank, Commerzbank have no mandate for merger talks: sourcesDeutsche Bank and Commerzbank managers have no official mandate for merger talks...
La source: Reuters - 🏆 2. / 97 Lire la suite »
Deutsche Bank management board reportedly agrees to Commerzbank merger talksThe management board of Deutsche Bank has agreed to hold talks with rival Commerzbank on the feasibility of a merger, a person with knowledge of the matter told Reuters on Sunday. Russian money laundering db
La source: CNBC - 🏆 12. / 72 Lire la suite »
Deutsche Bank management board agrees to Commerzbank merger talks: sourceThe management board of Deutsche Bank has agreed to hold talks with rival Commer... De lamme helpt de blinde? Trump Думаю, слияние - показатель отрицательный для Германии и ЕС.
La source: Reuters - 🏆 2. / 97 Lire la suite »
Deutsche Bank Executives Agree to Informal Merger Talks With CommerzbankDeutsche Bank’s top executives have agreed to hold discussions with rival Commerzbank about a potential merger, as Germany’s two biggest banks suffer prolonged performance and share-price declines. wow Yeah, let's start a merger before the EU and US government start criminal probes into your business dealings with Trump and Russia No
La source: WSJ - 🏆 98. / 63 Lire la suite »
Deutsche Bank agrees to informal merger talks with CommerzbankDeutsche Bank AG’s top executives have agreed to hold discussions with rival Commerzbank AG about a potential merger, as Germany’s two biggest banks explore strategic options after suffering prolonged performance and share-price declines, people close to the banks said.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Merger speculation boosts shares in Deutsche and CommerzbankShares in Deutsche Bank and Commerzbank traded higher on Monday as German busine... Buy rumors sell facts
La source: Reuters - 🏆 2. / 97 Lire la suite »
Berlin backs Deutsche Bank merger despite risk of shortfall: sourcesBerlin is so worried about the health of Deutsche Bank that it pushed for a merg... “ Berlin backs Deutsche Bank merger despite risk of shortfall: sources “ GoogleTranslate “Berlin unterstützt Deutsche Bank-Fusion trotz Ausfallrisiko: Quellen” GoogleTranslate 🇩🇪 but Vestager will block it so that DeutscheBank merges with a US bank!
La source: Reuters - 🏆 2. / 97 Lire la suite »
Deutsche Bank and Commerzbank's CEOs are reportedly resuming talks over a potential mergerDeutsche Bank CEO Christian Sewing and Commerzbank CEO Martin Zielke have been in intense talks for some days, Focus magazine reports. Combining these two businesses makes no sense whatsoever if German retail banking remains a 'not for profit' endeavour. sounds like a take over, Deutsche always comes first in Germany.
La source: CNBC - 🏆 12. / 72 Lire la suite »