“There is no obvious reason why these two banks should be merged,” a person close to another shareholder said.
In addition to regulatory and antitrust risks, an effort to merge would mean “several more years of significant internal restructuring,” while competitors move forward.Berlin, 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.
Most of the 30,000 positions at risk are based in Germany, with 10,00 at threat in the short term, Verdi’s Jan Duscheck said in comments published by the TV station.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Source: Reuters - 🏆 2. / 97 Read more »
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.
Source: WSJ - 🏆 98. / 63 Read more »
Deutsche Bank and Commerzbank Enter Formal Merger TalksDeutsche Bank and German rival Commerzbank 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. abilerim ablalarım💙😎 Better to launder money together. Brexit
Source: WSJ - 🏆 98. / 63 Read more »
Deutsche Bank and Commerzbank go public on merger talksDeutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly... T. b€℃e ℃° ,~ R y.:) Two turds when combined form a bigger turd ~ Mario Draghi They will join to launder money together? Trump family alert!
Source: Reuters - 🏆 2. / 97 Read more »
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❤️❤️❤️❤️❤️👅👁️🔺
Source: CNBC - 🏆 12. / 72 Read more »
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
Source: CNN - 🏆 4. / 95 Read more »
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
Source: Reuters - 🏆 2. / 97 Read more »
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?
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche, Commerzbank merger would put 30,000 jobs at risk: unionA merger of Deutsche Bank and its rival Commerzbank could result in as many as 3... I blame Brexit!! And the beat goes on🎼🎼
Source: Reuters - 🏆 2. / 97 Read more »