Thursday, September 1, 2016

Db: contacts for two weeks to the wedding with Commerzbank, then stop (WSJ) – BBC

19:20 (Il Sole 24 Ore Thomson Plus) – Berlin, 31 Aug – the leadership of Deutsche Bank and Commerzbank have talked about a possible merger for about two weeks in August but came to the conclusion that it was not a viable option. And ‘what he writes’ The Wall Street Journal’, citing sources close to the talks, explaining that the meetings, which were attended by the Deutsche Bank CEO, John Cryan, and other top managers of the bank were of a preliminary nature and were part of a audit work more ‘broad to identify possible strategic moves by Deutsche Bank. The latter has to deal, for some time, with continuing doubts from investors on its solidity ‘equity and profitability’. Also according to the ‘Wall Street Journal’, the Deutsche Bank board, it will meet ‘at the weekend to discuss details and updates of the strategic review in view of a scheduled supervisory board meeting in September. col-Mir (RADIOCOR) 16/08/31 19:20:22 (0539) 5

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