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0 0.00135074290859978 0.00450247636199916 0.00450247636199916 0.00630346690679876 0.00720396217919857 0.00675371454299859 0.00676271949572272
Stock impact report

UPDATE 1-Deutsche Bank, Commerzbank increasingly open to merger - Spiegel [Reuters (UK)]

Deutsche Bank AG (DB) 
US:NYSE Investor Relations: db.com/ir/index_en.htm
Company Research Source: Reuters
Deutsche Bank, Commerzbank increasingly open to merger: Spiegel | Reuters 2 Min Read BERLIN (Reuters) - Executives of Deutsche Bank ( DBKGn.DE ) and Commerzbank ( CBKG.DE ) are increasingly open to the idea of a merger of Germany’s two largest banks, magazine Der Spiegel reported on Tuesday. It cited one person as saying that Commerzbank Chief Executive Martin Zielke “would rather do it today than tomorrow”, but that new Deutsche Bank CEO Christian Sewing had said internally a merger was not on the agenda in the next 18 months. It added that Finance Minister Olaf Scholz could also imagine a deal to combine the two lenders. “We do not comment on banks’ strategic decisions,” a spokeswoman for the German Finance Ministry said. The German government still owns a 15 percent stake in Commerzbank after bailing it out during the financial crisis. Deutsche Bank and Commerzbank both declined to comment. The news sent shares in Commerzbank as much as 4 percent higher to a four-week high at 8 Show less Read more
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