Deutsche Bank merger talks heighten uncertainty for US staff

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Deutsche Bank AG's merger talks with Commerzbank AG has put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a ...

REUTERS: Deutsche Bank AG's merger talks with Commerzbank AG has put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a deal could pressure Deutsche to further shrink or even dispose of its U.S. businesses.

"We don't know what's going on. Everything is up in the air," said one senior employee within the bank's U.S. equity sales business, who asked not to be named because of the sensitivity of the matter. Deutsche Bank's U.S. business has brought in around half of revenue for its overall investment banking unit, which includes corporate and investment banking as well as trading, even though it came with a relatively high cost of capital.However, encumbered by litigation and regulatory investigations into past misconduct, the business has struggled to compete with Wall Street rivals.

Commerzbank, which is focused on personal and commercial lending, typically pays its staff less than Deutsche Bank. If the German government were to retain a stake in a combined entity, lawmakers would likely argue that it should keep a tight rein on pay.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Deutsche Bank set to announce merger talks with Commerzbank: sourceDeutsche Bank on Sunday was set to announce merger talks with Commerzbank , according to a person with knowledge of the matter.
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

Why Germany wants a merger to underpin Deutsche BankDeutsche Bank on Sunday was set to announce merger talks with Commerzbank , according to a person with knowledge of the matter.
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

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 head of labor union Verdi said in a media interview on Monday, a day ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

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 head of labor union Verdi said in a media interview on Monday, a day ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »