Deutsche Bank begins talks over merger with rival Commerzbank

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Union would form Europe’s second largest bank and a rival to HSBC

Deutsche Bank has begun tentative merger talks with rival Commerzbank, which would create Europe’s second biggest bank behind HSBC and fend off unwanted potential bidders such as French giant BNP Paribas.

 

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Oh great another 'too large to fail' bank that me, my kids & grand kids will end up having to bail out while the people responsible take their bonuses while sailing on their yachts in Monaco. We need to break them up not make them bigger ffs

....forming the 2nd largest money-laundering entity in the world, second only to the Russian government.

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