Deutsche Bank merger talks with Commerzbank raise job fears, lift shares

Credit: Reuters- Published on March 18, 2019
Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel's office and top shareholders on Monday after confirming merger talks.
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Credit: Wochit News
Published on March 17, 2019 -  00:33
Deutsche Bank And Commerzbank Go Public On Merger Talks
According to Reuters, Deutsche Bank and Commerzbank confirmed on Sunday that they were in talks about a merger. Germany’s two largest banks issued short statements, indicating a quickening of pace in the merger process. In a statement, Deutsche said “In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options." Deutsche added that it still aimed “to remain a global bank with a strong capital markets business...with a global network”.

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