Deutsche-Commerzbank Merger Opposed By Many Germans

Credit: Rumble
Published on March 29, 2019 - Duration: 00:42s

Deutsche-Commerzbank Merger Opposed By Many Germans

FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019.

REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) - Some 43 percent of Germans are against a merger between Deutsche Bank and Commerzbank, a survey showed on Friday, while only 17 percent are in favor.

The Insa survey of 2,012 people for Bild newspaper also found that 30 percent of those polled had no opinion about a merger between Germany’s two largest banks, while 10 percent did not answer the question.

Frank Strauss, a member of Deutsche Bank’s management board, said he understood the concerns of employee representatives.

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