Friday, 8 June 2018

“It’s like tying two drunks together”: Deutsche Bank mulling merger

Deutsche Bank, one of the most active commercial lenders in New York City, might get even bigger. Paul Achleitner, the German bank’s chair, is considering merging the financial giant with Commerzbank, according to Bloomberg. The executive has reportedly spoken with top bank shareholders and German government officials about the matter, but there have been no formal talks about the process yet. However, mergers have been discussed before to help ensure Germany has a financial institution […]



source https://therealdeal.com/2018/06/08/its-like-tying-two-drunks-together-deutsche-bank-mulling-merger/

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