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Germany’s Deutsche Bank, Commerzbank to hold talks on merger

Seattle Times Sunday, 17 March 2019 ()
BERLIN (AP) — Germany’s biggest bank, Deutsche Bank, and domestic rival Commerzbank plan to open talks on a possible merger. Commerzbank said in a brief statement Sunday that the two lenders “have agreed today to start discussions with an open outcome on a potential merger.” Deutsche Bank said its management board had decided to “review […]
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News video: Jobs At Stake If Deutsche, Commerzbank Merge Occurs

▶ Jobs At Stake If Deutsche, Commerzbank Merge Occurs 00:30

According to Reuters.com, "Chancellor Angela Merkel’s chief of staff said the government was looking into the issue of job cuts, after a workers’ union said that a merger of Deutsche Bank and its rival Commerzbank could result in 30,000 lost jobs." Bild Braun was quoted as saying, "The government...

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