Deutsche Bank and Commerzbank's chief executives have resumed talks over a potential merger of Germany's two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter.Deutsche Bank shares were indicated to start trading 0.1 percent higher, while Commerzbank was expected to trade 0.2 percent higher.
Both managers have been given a mandate to hold talks by their management and supervisory boards, Focus said.
sounds like a take over, Deutsche always comes first in Germany.
Combining these two businesses makes no sense whatsoever if German retail banking remains a 'not for profit' endeavour.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank, Commerzbank have no mandate for merger talks: sourcesDeutsche Bank and Commerzbank managers have no official mandate for merger talks...
Source: Reuters - 🏆 2. / 97 Read more »
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 ?
Source: Reuters - 🏆 2. / 97 Read more »
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
Source: WSJ - 🏆 98. / 63 Read more »
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.
Source: MarketWatch - 🏆 3. / 97 Read more »
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
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: Reuters - 🏆 2. / 97 Read more »