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Deutsche Bank, Commerzbank Debate Investment Banking Arm: WSJ

Deutsche Bank, Commerzbank Debate Investment Banking Arm: WSJ

(Bloomberg) -- Deutsche Bank AG's investment banking arm has become a focus of merger talks with Commerzbank AG, WSJ reported, citing people familiar.

  • Tone of the merger talks is constructive, but have only started to broach tougher issues: WSJ cites sources
  • Commerzbank is probing Deutsche Bank's willingness to restructure its investment bank
  • Banks hope to finish initial discussions in about a month; a deal would probably take months to complete

To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net

To contact the editor responsible for this story: Lauren Berry at lberry4@bloomberg.net

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