Comment on Germany's Deutsche Bank, Commerzbank halt merger talks

Germany's Deutsche Bank, Commerzbank halt merger talks

BERLIN (AP) — Deutsche Bank and Commerzbank said Thursday it is halting talks on a possible merger that would have created Germany's biggest financial institution but faced questions about costs and job losses. Deutsche Bank said in a statement that "after careful analysis" its management board has concluded that a combination with its rival "would not have created sufficient benefits to offset the additional execution risks, restructuring costs and capital requirements associated with such a large-scale integration.Read more on NewsOK.com

 

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