FRANKFURT - Deutsche Bank’s Chief Executive had a series of meetings with Germany’s deputy finance minister before and immediately after it announced merger talks with a state-backed rival, according to information revealed by the government.
In a letter answering a question from a German lawmaker, seen by Reuters, the government said Deutsche CEO Christian Sewing had met three times this year with Germany’s deputy finance minister, Joerg Kukies. “In reality, Scholz and Kukies hold the key,” he said, adding a merger would be a risk for taxpayers and cost thousands of jobs. “A banking champion is a dangerous idea. Putting two turkeys together won’t produce an eagle.”
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:
....merger als Resignation vor der falschverstandenen Digitalisierung. DeutscheBank
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.
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 »
Exclusive: Deutsche Bank open to U.S. revamp in merger talks - sourcesDeutsche Bank said it was open to further restructuring of its U.S. investment b...
Source: Reuters - 🏆 2. / 97 Read more »
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 »
Deutsche Bank Middle East CEO admits market sentiment is poor for Gulf economiesMarket sentiment is not great for Gulf states at the moment, Deutsche Bank's Middle East and Africa CEO said Wednesday. DAVOS Jan 25, 2019 - majority claimed global destabilization due income inequality. Believe it yet? How long will we allow a handful of people control billions of people's futures? And just now you figured this out! Haha Excellent
Source: CNBC - 🏆 12. / 72 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 »
First Abu Dhabi Bank, Abu Dhabi Islamic Bank deny merger talksAbu Dhabi Islamic Bank and First Abu Dhabi Bank denied on Thursday they were in ... Just-like, their(I-SLAMic)-sects .
Source: Reuters - 🏆 2. / 97 Read more »
Deutsche, Commerzbank favor merger over holding company structure: sourcesDeutsche Bank and Commerzbank favor a straightforward merger over more complex w... 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.
Source: Reuters - 🏆 2. / 97 Read more »