Deutsche Bank merger with Commerzbank considered likely

Section:

Deutsche-Commerzbank Deal Seen as a Question of When, Not If

By Olaf Storbeck
Financial Times, London
Monday, August 27, 2018

FRANKFURT, Germany -- To many observers in Frankfurt a tie-up between Deutsche Bank and Commerzbank is not seen as a question of if, but when. 

The prevailing view among the banking cognoscenti in Germany's financial capital is that the country's two largest listed lenders are very likely to merge eventually. The common opinion, backed by large investors in Deutsche, is that the bank first has to successfully integrate Postbank and restructure its ailing investment bank division before it can do a deal with Commerzbank.

... Dispatch continues below ...



ADVERTISEMENT

Fisher Precious Metals is preparing and equipping
clients for the upcoming 'Everything Bubble'

Fisher Precious Metals, voted North America's bullion dealer of the year for 2018 and known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.

We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":

https://fisherpreciousmetals.com/precious-metals/bullion-authentication/

As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.

Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:

https://fisherpreciousmetals.com



"Lumping together two sick men doesn't create a healthy one," said a person familiar with the thoughts of an influential Deutsche shareholder. 

There are two scenarios that could accelerate the potential merger. One is that Deutsche realizes that it is unable to turn itself round under its own steam; the other is that a foreign peer tables a bid for Commerzbank, forcing Deutsche's chief executive Christian Sewing to make a counteroffer. ...

... For the remainder of the report:

https://www.ft.com/content/cbc8410c-a5e8-11e8-8ecf-a7ae1beff35b

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16