MILAN - European shares recovered on Monday with merger talk lifting the battered banking sector and helping offset worries over a slowdown in the global economy, while the crash of a Boeing 737 MAX hit shares in its French engine maker Safran.
London’s export-heavy FTSE added 1 percent, outperforming its euro-zone peers boosted by stronger oil prices. The management board of Deutsche has agreed to hold talks with Commerzbank on the feasibility of a merger, a person with knowledge of the matter said on Saturday.Berenberg’s equity sales team said a merger between the two could make sense, given the overlap in their businesses, even though Deutsche has repeatedly said it needs to focus on increasing its own profitability.
Safran fell 1.3 percent following Sunday’s fatal crash of a Boeing 737 MAX 8 operated by Ethiopian Airlines. The 737 MAX 8 uses LEAP-1B engines made by a joint venture of General Electric Co and Safran SA.
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U.S. stocks are sinking on worries about Europe's growth—here are 5 experts' reactionsThe major U.S. indexes are falling on slashed forecasts for growth in Europe. Five experts share their thoughts on what the moves could mean. Well said, hope to see more posts like that, highly recommend to check our friends, they working on delivereing tweets from all major coins at lightning speed instacryptonews Phenomenal work by Liz Young. Her analysis really stands out in this video.
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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.
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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.
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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 ?
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Deutsche Bank agrees to informal merger talks with CommerzbankDeutsche 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.
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Deutsche Bank, Commerzbank have no mandate for merger talks: sourcesDeutsche Bank and Commerzbank managers have no official mandate for merger talks...
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