Deutsche Bank set to announce merger talks with Commerzbank - source

Frankfurt - Deutsche Bank was set on Sunday to confirm merger talks with fellow German lender Commerzbank, according to a person with knowledge of the matter, an indication of progress in efforts to combine the two businesses.

Formal disclosure of talks increases the chances of concluding a tie-up between the nation's two largest banks. and has been pushed for by the German government amid concerns about the health of Deutsche. Earlier this month a person with knowledge of the matter told Reuters that the management board of Deutsche had agreed to hold talks with Commerzbank on the feasibility of a merger."But there is no guarantee that there will be a deal in the end," the person said.

Portugal Últimas Notícias, Portugal Manchetes

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

Boost Africa investment to win climate fight: World Bank headKristalina Georgieva said it was vital that nations least responsible for global warming are assisted in adapting to the extreme weather and food insecurity their citizens face.
Fonte: SowetanLIVE - 🏆 13. / 63 Consulte Mais informação »