Thursday , July 29 2021

Deutsche Bank: and Commerzbank refuse to consider a merger

This decision of the first two banks in Germany, which puts risks to implementation, restructuring costs and capital requirements that would lead to a merger, comes after six weeks of negotiations.

On the Frankfurt Stock Exchange, Commerzbank shares lost 2.08%, while Deutsche Bank rose 3.21% minutes after the announcement.

(Tom Simms, Catherine Malbey – Free for French Service, edited by Mark Andrand)

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