FRANKFURT - The 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 Saturday.
The person said that first unofficial contacts had taken place in a very small group and the mandate from Deutsche’s board was given more than a week ago, the person said.A spokesman for Deutsche Bank and a spokeswoman for Commerzbank both declined to comment. Deutsche is regarded as one of the most important banks in the global financial system, but has been plagued by three years of losses, ratings downgrades, failed stress tests, and money laundering scandals.
The two banks flirted with a merger in 2016 but talks fizzled out after both banks decided to focus on restructuring.
Trump is hoping his Money Laundering & Bank Fraud documents get lost in the merger shuffle.
Думаю, слияние - показатель отрицательный для Германии и ЕС.
De lamme helpt de blinde?
Trump
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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 ?
La source: Reuters - 🏆 2. / 97 Lire la suite »
Deutsche Bank, Commerzbank have no mandate for merger talks: sourcesDeutsche Bank and Commerzbank managers have no official mandate for merger talks...
La source: Reuters - 🏆 2. / 97 Lire la suite »
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
La source: CNBC - 🏆 12. / 72 Lire la suite »
Deutsche Bank and Commerzbank's CEOs are reportedly resuming talks over a potential mergerDeutsche Bank CEO Christian Sewing and Commerzbank CEO Martin Zielke have been in intense talks for some days, Focus magazine reports. Combining these two businesses makes no sense whatsoever if German retail banking remains a 'not for profit' endeavour. sounds like a take over, Deutsche always comes first in Germany.
La source: CNBC - 🏆 12. / 72 Lire la suite »
The American With the Toughest Job in Finance: Saving Deutsche BankMatt Zames of Cerberus Capital has a colossal mess to help clean up at the German giant, which has posted a string of disappointing results, has been designated a ‘troubled institution’ by the Federal Reserve and faces pressure to merge with a rival. To the bank, Cerberus is at once a shareholder, paid adviser and customer. Yeah, really don't care. They gave The Mad King funds to run this country into the ground! Hope they fall! Well... they could start by getting out of laundering money for the Russian Oligarchs. Not that tough. Fire the the entire top 4 layers of management.
La source: WSJ - 🏆 98. / 63 Lire la suite »