Deutsche, Commerzbank merger would put 30,000 jobs at risk: union

The supervisory boards of both banks meet on Thursday when the merger is likely to be discussed.

The government, which holds a stake of more than 15 percent in Commerzbank following a bailout, wants a national banking champion to support its export-led economy, best known for cars and machine tools.“In our opinion a possible merger would not result in a business model that is sustainable in the long term,” Verdi’s Duscheck said.

A major Deutsche shareholder is not fundamentally opposed to a merger, said a person close to the unnamed shareholder, but wants to hear a compelling case for a deal.

And the beat goes on🎼🎼

I blame Brexit!!

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chiefA merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the hea... why is Deutsche Bank still allowed to operate despite being involved in so many crimes? saving the criminal deutsche bank? lol
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Germany's Verdi union opposes Deutsche-Commerzbank mergerGermany's Verdi labor union on Tuesday voiced strong objections to a possib...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Deutsche Bank and Commerzbank shares rally on merger talkShares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. na bravo! was kann schiefgehen... two ailing companies rallying because of a merger talk? even if they did, it would just create a larger company that would collapse anyways
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Two top shareholders skeptical of Deutsche-Commerzbank merger: sourcesTwo top shareholders in Deutsche Bank are skeptical about a merger with its riva... Job losses again.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Deutsche Bank and Commerzbank go public on merger talksDeutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly merge, an indication that efforts to combine Germany's two largest lenders are gaining pace. :D mavi 💙 oeww yeee .I..abilerimmm ablaları mm❤️❤️❤️❤️❤️👅👁️🔺
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Deutsche Bank starts merger talks with CommerzbankGermany's two biggest banks are discussing a merger that could result in a national powerhouse capable of competing with Wall Street. Ilhan Omar and Rashida Tlaib two of the House's Muslim Supremacists Heilvest
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »

Deutsche Bank, Commerzbank shares surge after merger talks confirmedMedia reports have suggested that the German government, which owns 15 percent of Commerzbank, is backing the deal – even though it could cause a multi-billion euro financial hole. Why?
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Deutsche Bank set to announce merger talks with Commerzbank: sourceDeutsche Bank was set on Sunday to confirm merger talks with fellow German lende... Poor Commerzbank. I hope they know how to reign in Deutche's shenanigans. Germany is attempting to merge two of its largest banks to address their troubles. If the UK is to stay in the EU beyond the 29th, it should block this merger on the basis that it is not evident it solves the problems; instead creates a bigger problem. Brexit ECB NYSE
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Deutsche Bank and Commerzbank Plan to Announce Formal Merger TalksDeutsche Bank and German rival Commerzbank plan to announce formal merger talks. The planned announcement signals that discussions between the two banks that already had started informally are entering a new phase. I am sorry I thought you said they were rivals.......... Perhaps a wider area to launder money, more personnel to blame, and more influence in regulations. Good move. Further consolidation, in the era of “too big to fail” zombie banking.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »