Merger talks of Deutsche Bank and Commerzbank roil emotions
Mon, Apr 22, 2019 - 5:50 AM
Deutsche Bank (left) and Commerzbank (right), both founded in the 19th century when Germany was emerging as an industrial and geopolitical power, are closely entwined with the country's history and identity.
IF THE proposed merger between Deutsche Bank and Commerzbank were a film, it would already be racking up the rotten tomatoes.
The powerful labour unions are against it. Regulators are wary and could impose onerous conditions. Shareholders are sceptical. There is some...