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Deutsche Bank and Commerzbank formally enter talks regarding a potential merger, acknowledging the challenges both banks face. Deutsche Bank, once a global powerhouse, continues to struggle with its financial performance, while Commerzbank also faces difficulties. A merger between the two banks, although considered a reluctant marriage, could create a German lending giant and address concerns about their stability. The discussions reflect ongoing efforts to restructure and strengthen the German banking sector.
Saturday, 16 March, 2019