Top Firm Said to be ‘Desperate’, Thought to Weigh Drastic Steps

(HITC Business) Bloomberg News reports that Deutsche Bank’s John Cryan and his top managers will meet this weekend to assess progress on the reorganization, said a person familiar with the matter. Deutsche Bank held talks over a potential merger with Commerzbank last month, before both concluded the timing wasn’t right, another person said Wednesday, asking not to be identified…..

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