Deutsche Bank agrees to informal merger talks with Commerzbank

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Deutsche Bank AG’s top executives have agreed to hold discussions with rival Commerzbank AG about a potential merger, as Germany’s two biggest banks explore strategic options after suffering prolonged performance and share-price declines, people close to the banks said.

Deutsche Bank AG’s DB, -0.23% top executives have agreed to hold discussions with rival Commerzbank AG CRZBY, -0.79% about a potential merger, as Germany’s two biggest banks explore strategic options after suffering prolonged performance and share-price declines, people close to the banks said.

The informal talks reflect a deepening willingness by Deutsche Bank’s management board to engage in a possible tie-up, though executives this week continued to see a potential merger as one option, some of the people said. Heightened pressure on the banks from German government officials to address their lagging performance, and consider in more detail how a merger might take shape, also factored into recent discussions, the people said.

The agreement by Deutsche Bank’s management board to hold talks was earlier reported by the Welt am Sonntag newspaper. One person close to Deutsche Bank said the agreement was made in the latter half of February. The management board is composed of top executives and is responsible for setting its strategy with oversight from the so-called supervisory board of the bank.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Deutsche Bank, Commerzbank CEOs resume talks over potential merger: FocusDeutsche Bank and Commerzbank's chief executives have resumed talks over a ... Together they can afford the fines Deutsche has coming D Vestager has likely a problem with that! Btw, for Danske Bank....EU banks will not touch that thing. Left to US banks and vulture funds. PayBackForNarrowMindedAttitude Once out of Commission, get a nice paying job in Washington DC for good services ?
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Deutsche Bank, Commerzbank have no mandate for merger talks: sourcesDeutsche Bank and Commerzbank managers have no official mandate for merger talks...
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Deutsche Bank Executives Agree to Informal Merger Talks With CommerzbankDeutsche Bank’s top executives have agreed to hold discussions with rival Commerzbank about a potential merger, as Germany’s two biggest banks suffer prolonged performance and share-price declines. wow Yeah, let's start a merger before the EU and US government start criminal probes into your business dealings with Trump and Russia No
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Deutsche Bank management board reportedly agrees to Commerzbank merger talksThe management board of Deutsche Bank has agreed to hold talks with rival Commerzbank on the feasibility of a merger, a person with knowledge of the matter told Reuters on Sunday. Russian money laundering db
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Deutsche Bank management board agrees to Commerzbank merger talks: sourceThe management board of Deutsche Bank has agreed to hold talks with rival Commer... De lamme helpt de blinde? Trump Думаю, слияние - показатель отрицательный для Германии и ЕС.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Deutsche Bank and Commerzbank's CEOs are reportedly resuming talks over a potential mergerDeutsche Bank CEO Christian Sewing and Commerzbank CEO Martin Zielke have been in intense talks for some days, Focus magazine reports. Combining these two businesses makes no sense whatsoever if German retail banking remains a 'not for profit' endeavour. sounds like a take over, Deutsche always comes first in Germany.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

The American With the Toughest Job in Finance: Saving Deutsche BankMatt Zames of Cerberus Capital has a colossal mess to help clean up at the German giant, which has posted a string of disappointing results, has been designated a ‘troubled institution’ by the Federal Reserve and faces pressure to merge with a rival. To the bank, Cerberus is at once a shareholder, paid adviser and customer. Yeah, really don't care. They gave The Mad King funds to run this country into the ground! Hope they fall! Well... they could start by getting out of laundering money for the Russian Oligarchs. Not that tough. Fire the the entire top 4 layers of management.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »