Deutsche Bank Sees Merger With Rival Commerzbank By Mid-Year If All Else Fails: Bloomberg

www.oann.com | 9/30/2016 | Staff
megzmegz123 (Posted by) Level 3
FRANKFURT (Reuters) – Deutsche Bank is expecting a government-brokered merger with rival Commerzbank by mid-year if efforts to restructure the lender fall short of targets, Bloomberg reported on Thursday.

Citing people briefed on executives’ thinking, the report said that a such deal may become the only option if the bank’s performance does not improve in the first three months of 2019.

Deutsche - Bank

Deutsche Bank declined to...
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