After more than a month of negotiations, Deutsche Bank and Commerzbank ended their talks as the sides have decided that a merger after the two concluded that that financial reorganisation costs and additional capital requirements were too excessive to proceed at this time.
“It made sense to evaluate this option for domestic consolidation in Germany. However, we were always clear. We needed to be convinced that any potential combination would generate higher and more sustainable returns,” Chri...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|