Commerz Plan B would leave Deutsche Bank on Plan C CGAThompson gfhay
Deutsche Bank and Commerzbank said on April 25 their merger talks had ended, with execution risks, restructuring costs and capital requirements scotching attempts to create one of Europe’s largest banks by assets.
The prospect of a merger was met with strong opposition from the workforce – with unions fearing 30,000 job losses – and concerns voiced by investors and regulators.
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