Deutsche Bank AG (DB): Politicians now distancing themselves fr...

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Wednesday, 03/20/2019 10:17:55 AM

Wednesday, March 20, 2019 10:17:55 AM

Politicians now distancing themselves from the potential merger.

https://www.bloomberg.com/news/articles/2019-03-20/merkel-s-government-hit-by-backlash-over-deutsche-bank-deal

A merger with Commerzbank wouldn’t solve Deutsche Bank’s problems. It would tie the bank down for years to come and cause huge upfront costs, while any savings would come much later, if at all

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