Deutsche-Commerz talks fall through: what next?
Deutsche Bank and Commerzbank will have to sort themselves out without the help of each other, after merger talks collapsed this week. Speculation mounted as to whether Deutsche would now be forced to slash its investment banking operations, and about whether Commerzbank would be embraced by another European peer.
Both banks pointed to execution risks, restructuring costs and capital requirements as obstacles in the way of a successful merger.
Commerzbank said the tie-up would not be in the interests of either bank’s shareholders, or of other stakeholders.“It made sense to evaluate this option for domestic ...
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