FRANKFURT - Deutsche Bank and Commerzbank favor a straightforward merger over more complex ways to structure a deal, three people close to the matter said.
“The holding structure is dead,” one of the people said, referring to setting up a holding company that would buy Deutsche and Commerzbank in return for shares of the new bank. The people cautioned that no decision has yet been taken on a potential deal structure and there is still no certainty that a deal will be struck at all.Regulators in the United States, Britain and Switzerland tend to favor the bank holding company structure, in part because it can help with the winding down of a troubled bank.
As part of a deal, Deutsche Bank will be asked by the European Central Bank to raise fresh funds to plug capital holes resulting from asset revaluations and expected restructuring costs, a person with direct knowledge of the matter said earlier this week.
Each of them is simply too big to fail and there is no way, no way to rescue either of them (!) if a Bank-Run is triggered by another crisis anywhere in the world. That’s the main concern here.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank and Commerzbank divided over pace of merger talks: sourcesDeutsche Bank and Commerzbank are divided over the pace of their merger talks, t... They need more time to cook the books I guess🤔
Source: Reuters - 🏆 2. / 97 Read more »
Commerzbank to decide on April 9 on merger talks with Deutsche: WiWoCommerzbank's executive board is due to decide on April 9 whether to intensify merger talks with Deutsche Bank or back away, Wirtschaftswoche said Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Commerzbank to decide on April 9 on merger talks with Deutsche: WiWoCommerzbank's executive board is due to decide on April 9 whether to intens...
Source: Reuters - 🏆 2. / 97 Read more »
ECB will ask Deutsche Bank to raise fresh funds for merger: sourceThe European Central Bank will ask Deutsche Bank to raise fresh funds before it ... Douche Bank Anche perche' il Bundestag ha detto che i contribuenti non dovranno cacciare un centesimo... Call in the trump chips
Source: Reuters - 🏆 2. / 97 Read more »
ECB will reportedly ask Deutsche Bank to raise fresh funds for mergerThe European Central Bank will ask Deutsche Bank to raise fresh funds before it gives the go-ahead for a merger with a state-backed rival, a person with direct knowledge of the matter said.
Source: CNBC - 🏆 12. / 72 Read more »
Sources: Martin Shkreli Thrown In Solitary Confinement After Claims He Ran Company From PrisonMartin Shkreli is in solitary and is under investigation from the prison authorities after he allegedly ran a business using a contraband phone. can't knock the hustle Enjoy the shoe bitchass Good.
Source: Forbes - 🏆 394. / 53 Read more »
Sources: Martin Shkreli Thrown In Solitary Confinement After Claims He Ran Company From PrisonMartin Shkreli is in solitary and is under investigation from the prison authorities after he allegedly ran a business using a contraband phone. Took long enough... What, what, what ! ! ? ? A criminal in prison doing criminal things What’s next, paying your solitary confinement guard to continue that business 🤭 GOOD
Source: Forbes - 🏆 394. / 53 Read more »