Deutsche Bank and Commerzbank divided over pace of merger talks: sources

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Deutsche Bank and Commerzbank are divided over the pace of their merger talks, t...

FILE PHOTO: Headquarters of Commerzbank and Deutsche Bank are photographed in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach/File Photo

Commerzbank would like to see a speedy decision on whether to deepen the discussions or not, while Deutsche Bank needs more time, said the people, who spoke on condition of anonymity. Upon initiating formal talks with Deutsche Bank, Commerzbank CEO 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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They need more time to cook the books I guess🤔

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