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Deutsche Bank, Commerzbank Debate Investment Banking Arm: WSJ
Deutsche Bank, Commerzbank Debate Investment Banking Arm: WSJ
25 Mar 2019, 04:43 PM IST
(Bloomberg) -- Deutsche Bank AG's investment banking arm has become a focus of merger talks with Commerzbank AG, WSJ reported, citing people familiar.
(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
©2019 Bloomberg L.P.
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