Page 18 - Tom Sims News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FRANKFURT (Reuters) -Commerzbank Chief Executive Manfred Knof on Tuesday played down prospects of a possible merger with larger rival Deutsche Bank, saying such a tie-up was not under discussion at his bank and he was striving to keep the bank independent. The comments come amid heightened speculation that merger talks with Deutsche - which failed in 2019 - could once again come to the fore. "So I think this is always a topic more for journalists and the media - but not for us," he told Reuters when asked about a possible tie-up with Deutsche on the sidelines of a co...

FRANKFURT (Reuters) - Deutsche Bank Chief Executive Officer Christian Sewing told CNBC on Thursday that mergers and acquisitions were not a priority ...

Five years after Deutsche Bank and Commerzbank aborted an attempt to merge, an uncertain outlook for bank profitability and Germany's need to plug a hole in its budget have rekindled speculation about...

German state is looking at options to raise funds by selling stakes in some of the companies it owns

Five years after Deutsche Bank and Commerzbank aborted an attempt to merge, an uncertain outlook for bank profitability and Germany's need to plug a hole in its budget are rekindling speculation about a potential deal. Germany has said it is looking at all options to raise funds by selling stakes in some of the 100 or more companies it owns. Though a sale of its remaining 15% holding in Commerzbank isn't imminent, Finance Minister Christian Lindner is open to a disposal and ultimately would prefer the government exiting the stake, according to a person familiar with his thinking.