BREAKING NEWS

BREAKING NEWS

Deutsche Bank and Commerzbank call off merger talks

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 -
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Ralph Orlowski(Reuters)
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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.

(Reporting by Tom Sims; Editing by Edward Taylor)

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