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Size matters, Deutsche Bank's chairman says amid merger talks

Size matters, Deutsche Bank's chairman says amid merger talks
FILE PHOTO: A sign for an ATM of Commerzbank is seen next to the headquarters of Deutsche Bank (R) in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach   -   Copyright  KAI PFAFFENBACH(Reuters)
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VADUZ, Liechtenstein (Reuters) – Deutsche Bank’s challenge may be that it is too small to reap the benefits of scale, the lender’s supervisory board chairman said on Wednesday, a week after the bank announced merger talks with rival Commerzbank.

“Our problem may not be too big to fail, but rather too small to scale,” chairman Paul Achleitner said. “Size matters.”

(Reporting by Angelika Gruber; Writing by Tom Sims; Editing by Michelle Martin)

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