Merger talks of Deutsche Bank and Commerzbank roil emotions
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.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain