FRANKFURT - Deutsche 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.
“In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options,” Deutsche said in a statement. It said there was no certainty of a deal and that the board was “focused on improving the growth profile and profitability of the bank”.Formal disclosure of talks increases the chances of concluding a tie-up that has long been the subject of speculation and surfaced in 2016 before both banks decided to focus on restructuring.
Berlin also wants to keep Commerzbank’s speciality - the funding of medium-sized companies, the backbone of the economy - in German hands. The merged bank would have roughly 1.8 trillion euros in assets, such as loans and investments, and a market value of about 25 billion euros , based on Friday’s closing stock prices.
Some major shareholders have privately said they were against a merger, but the U.S. investor Cerberus, a large investor in both banks, has favored talks, a person familiar with the matter has told Reuters.
They will join to launder money together? Trump family alert!
Two turds when combined form a bigger turd ~ Mario Draghi
T. b€℃e ℃° ,~ R y.:)
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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
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »
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
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
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.
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »
Deutsche Bank and Commerzbank shares rally on merger talkShares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. na bravo! was kann schiefgehen... two ailing companies rallying because of a merger talk? even if they did, it would just create a larger company that would collapse anyways
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Merger speculation boosts shares in Deutsche and CommerzbankShares in Deutsche Bank and Commerzbank traded higher on Monday as German busine... Buy rumors sell facts
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Berlin backs Deutsche Bank merger despite risk of shortfall: sourcesBerlin is so worried about the health of Deutsche Bank that it pushed for a merg... “ Berlin backs Deutsche Bank merger despite risk of shortfall: sources “ GoogleTranslate “Berlin unterstützt Deutsche Bank-Fusion trotz Ausfallrisiko: Quellen” GoogleTranslate 🇩🇪 but Vestager will block it so that DeutscheBank merges with a US bank!
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Explainer: Why Germany wants a merger to underpin Deutsche BankThe German government has pressured Deutsche Bank into merger talks with state-b... johnodonnell21 Let me guess--it's so they survive after being held accountable for all of their chicanery with Russia, Trump, et. al.? johnodonnell21 China is a biggest supporter of terrorists,as he blocks again move to designate masood azhar the killing machine as global terrorist 4th time,time has come world must recognise this terror monger and designate china a terror state
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Two top shareholders skeptical of Deutsche-Commerzbank merger: sourcesTwo top shareholders in Deutsche Bank are skeptical about a merger with its riva... Job losses again.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »