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Commerzbank to decide on April 9 on merger talks with Deutsche: WiWo

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Commerzbank's executive board is due to decide on April 9 whether to intens...

FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo

The magazine said Commerzbank’s management is scheduled to discuss how to proceed in the merger talks during its next regular session, Wirtschaftswoche added, citing company sources and an internal memo.Upon initiating formal talks with Deutsche Bank on March 17, Commerzbank chief executive officer Martin Zielke told bankers that management aimed for a decision on whether to go forward with a merger in the next two to three weeks, two sources with knowledge of the matter said at the time.

 

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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.
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