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Banks have announced nearly 60,000 job cuts this year, and German giant Commerzbank is teeing up the next round of layoffs
About 90% of the cuts are in Europe, where the economy is slowing rapidly and banks are battling negative interest rates.
2 major European mergers just collapsed — Deutsche Bank-Commerzbank talks flopped and Walmart’s $9 billion UK supermarket deal was blocked...
Deutsche Bank and Commerzbank's merger talks fell through, and UK competition regulators nixed Walmart-owned Asda's planned tie-up with Sainsbury's.
Deutsche Bank reportedly wants to raise up to $11 billion to buy Commerzbank. Its market cap is only $15 billion
The capital raising is designed to prevent the bank having to return to markets following the deal, if successful.
Germany is reportedly planning a state-owned fund to block unwanted takeovers by foreign firms. It's the latest in a string of protectionist moves.
‘You’ll all be my guests at Mar-a-Lago’: An explosive New York Times report highlights Deutsche Bank’s $2 billion in loans to ...
President Donald Trump's business practices are drawing scrutiny amid inquiries into his relationship with Deutsche Bank. Here's what we know so far.
"I do not particularly like the idea of national champions, of European champions," the eurozone's top financial supervisor told the Financial Times.
Deutsche Bank and Commerzbank are finally merging — but critics worry about job cuts and patchy past deals
Deutsche Bank and Commerzbank have started formal merger talks, but job losses, poor mergers in the past and existing issues have raised eyebrows.
Deutsche Bank’s stock is getting hit. Again. This time it’s because of weaker than expected earnings.
Deutsche Bank fell 2% after the bank reported earnings. The shares have had a rollercoaster ride lately, and have plunged 48% in the past year.
Barclays says talk of any Deutsche Bank merger is a red flag for earnings — and the UK bank is slashing its price targets
"Profitability may have deteriorated further in the fourth quarter, and the current strategy/targets are looking less and less viable," Barclays said.
The German government is said to be increasing its efforts to aid Deutsche Bank and is said to be looking at ways the bank could merge with Commerzbank.