83 percent of Commerzbank staff oppose Deutsche Bank merger: survey

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

FRANKFURT - on Wednesday. The poll results are preliminary and come during the fifth week of merger talks between the two German lenders. Employees have until May 3 to voice their opinion in the poll conducted by the works council representing the bank’s headquarters.The opposition at Commerzbank is fiercer than at Deutsche Bank, where a similar survey showed nearly 70 percent were against a tie-up. Unions have said that a merger could result in the loss of 30,000 jobs.

“Distance yourselves from the merger plans,” Commerzbank’s works council wrote in an open email to the bank’s management board with the survey results.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Massive job cuts' the only way a Deutsche Bank-Commerzbank merger would make sense, strategist saysThe only way a potential merger between Deutsche Bank and Commerzbank would make sense is by making massive job cuts across the two firms, a strategist told CNBC Wednesday. Amazing Tweet, We also use InstaCryptoNews for instant info You really think that exchange that you use is secured and safe. Aha sure :) Don’t think twice, keep your Assets secured, Get the Best Ledger Nano X at discounted price, Directly from Ledger. The Trump Bank is trying to rebrand.
Source: CNBC - 🏆 12. / 72 Read more »

Deutsche Bank CEO and chair to stay in top roles after possible merger: SpiegelDeutsche Bank's current Chief Executive Christian Sewing and Chairman Paul ... panjaros dvojnik?
Source: Reuters - 🏆 2. / 97 Read more »