Deutsche Bank announced it has relaunched merger talks with the UK’s Lloyd’s/TSB to establish a new Anglo-German banking unit. Negotiations began in 2001 but were then brought to a standstill due to strong opposition from some members of the Deutsche Bank board on the transfer of the bank’s headquarters to London, according to German Spells Business. Deutsche Bank sources were quoted as saying that Deutsche Bank CEO Rolf Breuer and Josef Ackermann, his successor designate, are backing the move. ...

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