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Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
DBDeutsche Bank AG(DB) PYMNTS·2024-01-15 18:56

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank.The two companies had called off their initial plans to merge five years ago. But now, Reuters reported Monday (Jan. 15), uncertainty in the bank sector and Germany’s need to shore up its budget has renewed speculation about a tie-up.According to the report, Germany has said it is considering raising funds by selling stakes in some of its 100-plus state-owned companies, including its 15% share of Com ...