FRANKFURT: Deutsche Bank and Commerzbank abandoned their merger talks on Thursday, with the risks of doing a deal, restructuring costs and capital demands dashing efforts to forge a German mega-bank.
While the talks are over, investors doubt either bank can go it alone for long given their low levels of profitability. Commerzbank's chief executive Martin Zielke, has told employees that doing nothing was"not an option". Some major Deutsche Bank investors had questioned the deal's logic and were unwilling to step up with any extra cash to get it done, while credit ratings agencies had warned of risks.
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ایران آخرین اخبار, ایران سرفصلها
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German market regulator lifts short sale ban on Wirecard[FRANKFURT] Germany's markets regulator Bafin on Friday said its two-month ban on short-selling shares of payments company Wirecard had expired. Read more at The Business Times.
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Asian shares dip; euro weighed by sagging German business morale[TOKYO] Asian shares slipped on Thursday as a surprise deterioration in German business morale rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Asian shares dip; euro weighed by sagging German business moraleAsian shares slipped on Thursday as a surprise deterioration in German business morale rekindled fears of slowing global growth, while oil prices ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »