Deutsche Bank chief plays down merger talks.
Global Banking News-October 29, 2018--Deutsche Bank chief plays down merger talks
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Global Banking News - 29 October 2018
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The CEO of Deutsche Bank (NYSE: DB) has played down talks about a merger and has said that the firm is not planning for a merger until its performance is above par, Financial Times reported.
The CEO played down speculation about a merger with Germany-based Commerzbank (CBK: Xetra) and said that it should not be used as an excuse for poor performance. Sewing, who recently replaced John Cryan as the bank's CEO, has seen the bank's fortunes...
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