Deutsche Bank board agrees to merger talks with Commerzbank: source

FAN Editor 5 years ago
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX in Frankfurt
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo

March 9, 2019

FRANKFURT (Reuters) – The management board of Deutsche Bank has decided to hold talks with rival Commerzbank to examine the feasibility of a merger, a person with knowledge of the matter told Reuters on Sunday.

The source, who spoke on condition of anonymity, confirmed information reported earlier by the Welt am Sonntag newspaper.

(Reporting by Tom Sims and Andreas Framke; editing by John Stonestreet)

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