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Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger

Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger

March 8, 2019

Via: CNBC
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Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter.

Deutsche Bank and Commerzbank declined to comment.

Deutsche Bank shares were indicated to start trading 0.1 percent higher, while Commerzbank was expected to trade 0.2 percent higher.

According to Focus magazine, Deutsche Bank CEO Christian Sewing and his counterpart at Commerzbank, Martin Zielke, have been in intense talks for some days.

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