Deutsche Bank and Commerzbank merger threatens 30,000 jobs

Unions’ warning over merger is the latest drama to hit 150-year-old lender Deutsche

Deutsche Bank’s prospective merger with smaller rival Commerzbank threatens to unsettle the German banking industry and puts 30,000 jobs at risk.

But the deal is just the latest drama to hit the 150-year-old lender after a string of losses, an executive boardroom battle and billions of dollars in fines.

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From our friends over at the : Business | The Guardian

 

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