Rumors of a Deutsche Bank-Commerzbank Merger
Germany’s two largest banks held talks, causing many to speculate about the future of the ailing banking sector.
By Lili Bayer
Two months ago we indicated that there are serious signs of trouble brewing for Germany’s largest bank, Deutsche Bank. Now, there are growing indications that Deutsche Bank’s crisis is escalating, while the country’s second largest bank, Commerzbank, is struggling and Germany’s banking sector as a whole is facing increasingly grim prospects.