(Bloomberg) Deutsche Bank AG and Commerzbank AG said they’re officially starting talks on a deal that could combine the two largest publicly-traded — and most storied — banks in Germany. The lenders — both based in Frankfurt and 150 next year — were set up to support German companies trading around Europe and beyond. The German government still views that role as crucial and favored a merger before the situation gets worse.
Glory Days to Job Cuts: Deutsche Bank-Commerzbank over 150 Years
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