YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Deutsche Bank, Commerzbank call off merger talks

Posted online

Germany's two larger banks called off plans to merge.

Deutsche Bank and Commerzbank in March began negotiations to form Europe's third-largest lender, with $2 trillion in assets.

The deal faced criticism from unions, shareholders, financial experts and politicians who said it did not make sense to merge two lenders with slowing stock prices and profitability issues.

Read more from The New York Times.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Finley River Chiropractic

Adrianna Norris became a first-time business owner with the opening of Finley River Chiropractic; PaPPo’s Pizzeria & Pub launched its newest location; and Huey Magoo’s opened its second store in the Ozarks.

Most Read
Update cookies preferences