(Financial News) Deutsche Bank faces a fresh wave of departures in London as senior employees concede a merger with Commerzbank would spell the end of its global investment banking ambitions. Deutsche confirmed on March 17 that it has entered formal talks with Commerzbank over a potential deal that would create one of Europe’s largest banks, with €1.9tn in assets and more than 140,000 employees.
Deutsche’s London Staff Would ‘Get Toasted’ in Commerzbank Merger
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