Deutsche Bank merger with Commerzbank doesn’t make sense: advisor

February 28, 2019

BERLIN (Reuters) – A merger between Deutsche Bank and Commerzbank does not make economic sense, an advisor to Germany’s Finance Ministry said on Thursday.

Joerg Rocholl, the deputy chairman of a council of outside experts who advise the finance ministry, said Deutsche Bank should be given time to continue to improve profitability.

(Reporting by Rene Wagner; Writing by Tom Sims; Editing by Thomas Seythal)

Comments (No)

Leave a Reply