Deutsche Bank, Germany's largest lender by far, confirmed Sunday that it was holding merger talks with Commerzbank. The German government holds a 15% stake in Commerzbank."In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options," the company said in a statement. It cautioned that there was no guarantee of a deal.
Yet there are doubts that getting bigger will resolve Deutsche Bank's consistent problems with profitability and help it compete with American rivals that have fared much better following the global financial crisis.Deutsche Bank posted an annual profit last year for the first time since 2014.It lost €409 million in the final three months of 2018, however. The bank said the losses were caused by challenging financial markets, especially for its fixed income trading division.
This would be great We need Wll street busted.....
Due to simple global market access this is not true
It’s a sign Wall Street is much too large and prevents healthy competition
We’ve seen this movie before and it usually has a bad ending
Two big too fail
Daily reminder: domestic terrorists have infiltrated our government.
▪ this can not POSSIBLY have anything to do with TRUMP ! ▪ can it ? ▪
Donald wants to know if loan application forms are available now ?
Utopia - Jan Theuninck, 2016
Trump making america great
Will Germany try it again?
Lol. What a joke. One of the banks is basically bankrupt. I do love a good giggle now and again.
Germany has others issues to deal with.
Halte ich für sehr unwahrscheinlich.
Interesting
Europe is garbage in its entirety. Stop reporting on Germany it’s a third world country in my book.
B.S.
Germany is rising again
Ilhan Omar and Rashida Tlaib two of the House's Muslim Supremacists
Heilvest
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Fuente: CNBC - 🏆 12. / 72 Leer más »