News Formal

Deutsche Bank, Commerzbank have no mandate for merger talks: sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Deutsche Bank and Commerzbank managers have no official mandate for merger talks, two people with knowledge of the matter said on Friday.

The reaction of the two people, speaking on condition of anonymity, came after Focus magazine reported that the chief executives of the two lenders had resumed talks over a potential merger and had a mandate from their supervisory and management boards to do so.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 6. in BUSİNESS

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 CEOs resume talks over potential merger: FocusDeutsche Bank and Commerzbank's chief executives have resumed talks over a potential merger of Germany's two biggest lenders, Focus magazine ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »