When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CRZBY - Deutsche Bank: Cost Cutting Is Key For A Successful Merger With Commerzbank
Commerzbank AG ADR New
A merger between Deutsche Bank (DB) and Commerzbank (CRZBY) seems now to be just a matter of time, but investors remain skeptical about the merits of a tie-up. I see cost cutting as the key factor for a successful combination, with annual cost synergies of up to €6 billion ($6.8 billion) being possible to achieve in the medium-term.
Merger Background
Over the past few months a potential merger between the two largest private German banks, Deutsche and Commerzbank, has been widely speculated. This was confirmed last week, when both banks reported