Deutsche Bank Executives Agree to Informal Merger Talks With Commerzbank

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Deutsche Bank's management board agrees to informal talks with Commerzbank, a preliminary step toward a deal that would merge the German banks

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.

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.

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Yeah, let's start a merger before the EU and US government start criminal probes into your business dealings with Trump and Russia

wow

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