A possible merger of Deutsche Bank and Commerzbank to create a European banking powerhouse could be scuppered if the tie-up is not executed “flawlessly”, according to dealmakers speaking at a Financial News breakfast briefing on April 10.
In March, the German lenders ended months of speculation by confirming they were in informal talks over a merger that would create one of Europe’s largest banks, with €1.9tn in assets and more than 140,000 employees.
