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Deutsche Bank may be preparing options to Commerzbank merger

Apr. 18, 2019 4:58 PM ETCommerzbank AG (CRZBF) Stock, DB StockDB, CRZBFBy: Liz Kiesche, SA News Editor
  • Deutsche Bank (NYSE:DB) is working on a plan B to present to investors in case merger talks with Commerzbank (OTCPK:CRZBF) fall apart, Bloomberg reports, citing people familiar with the matter.
  • Some big shareholders want the bank to come with options as the obstacles to a link-up amass, they said.
  • CEO Christian Sewing is reportedly considering two basic scenarios: An update of the lender's current cost-cutting plan that would mean more and accelerated costs cuts or a larger shift in strategy that would create upfront costs.
  • Previously: Deutsche Bank sketches out post-merger leadership (April 12)

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