Germany makes its big bank problem even bigger - Business News - News Summed Up

Germany makes its big bank problem even bigger - Business News


GERMANY has come up with a solution to the deep troubles at one of the world’s largest banks: make it part of an even bigger one. The people who oversee Europe’s financial system had better be ready for the consequences if this doesn’t end well.The Frankfurt-based Deutsche Bank is in talks to merge with crosstown rival Commerzbank - a move that Germany’s finance ministry has favored for months.


Source: The Star March 19, 2019 06:22 UTC



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