SUBSCRIBERS

Merger talks of Deutsche Bank and Commerzbank roil emotions

Published Sun, Apr 21, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Frankfurt

    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 formidable political momentum behind it, but the government is split over the wisdom of morphing Germany's two largest banks into one.

    Copyright SPH Media. All rights reserved.