Deutsche Bank and Commerzbank call off merger talks

FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski - Copyright Ralph Orlowski(Reuters)

By Reuters

Published on 25/04/2019 - 11:04•Updated 19/04/2024 - 11:06

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FRANKFURT (Reuters) - Deutsche Bank and Commerzbank have ended talks to merge with no deal, the banks said on Thursday.

The announcement from both banks, which cited execution risks, restructuring costs and capital requirements, came during the sixth week of merger talks between the two German lenders.