Commerzbank Fusion Deutsche Bank
The german government is intensifying efforts to help fix deutsche bank ag with officials studying ways to make it easier to merge with commerzbank ag people familiar with the matter said.
Commerzbank fusion deutsche bank. Deutsche bank and commerzbank merger talks collapse this article is more than 1 year old banks blame risks of getting deal done and restructuring costs for failure of six weeks of high level. Shares of deutsche bank and commerzbank are both down more than 35 over a 12 month period and more than 80 over a 10 year period. Sewing who took the helm in april 2018 has been making efforts.
The german government holds a 15 stake in commerzbank. The announcement caps months of speculation that the two struggling banks would attempt to combine.
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