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Monday, March 18, 2019

Deutche Bank Commerzbank Merger - Too Ginormous To Fail....Or Can It?

Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labour union concerns about possible job losses and questions from analysts about the merits of a combination.

Germany’s two largest banks issued short statements after separate meetings of their management boards, a person with knowledge of the matter said, indicating a quickening of pace in the merger process, although both also warned that a deal was far from certain.

Size does not grant immunity from failure!

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