Deutsche Bank set to announce merger talks with Commerzbank - source

Frankfurt - Deutsche Bank was set on Sunday to confirm merger talks with fellow German lender Commerzbank, according to a person with knowledge of the matter, an indication of progress in efforts to combine the two businesses.

Formal disclosure of talks increases the chances of concluding a tie-up between the nation's two largest banks. and has been pushed for by the German government amid concerns about the health of Deutsche. Earlier this month a person with knowledge of the matter told Reuters that the management board of Deutsche had agreed to hold talks with Commerzbank on the feasibility of a merger."But there is no guarantee that there will be a deal in the end," the person said.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Boost Africa investment to win climate fight: World Bank headKristalina Georgieva said it was vital that nations least responsible for global warming are assisted in adapting to the extreme weather and food insecurity their citizens face.
La source: SowetanLIVE - 🏆 13. / 63 Lire la suite »