Citi wins box seat on Deutsche and opens gate to Flood
The Commerzbank and Deutsche Bank talks have given Europe’s FIG bankers an unexpected source of cheer, writes David Rothnie.
Confirmation that the boards of Deutsche and Commerzbank have entered formal talks has put the recapitalisation of the European banking sector back on the table and has provided a shot in the arm for the region’s sputtering ECM market.Both sides have stressed that there is no guarantee ...
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