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Merger talks rattle Germany's banking sector - US wants to end preferential trade status for India - EU marks Equal Pay Day
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The top 12 Deutsche Bank managers pocketed €55.7 million for 2018, mainly due to more bonus payments. Unions are already angry at likely job cuts if a merger with Commerzbank goes ahead.
Deutsche Bank is exploring a merger with rival Commerzbank, according to reports. The German government, Commerzbank's largest shareholder, has reportedly been pressuring both sides to decide soon.
Germany’s two largest listed lenders are evaluating a tie-up after the government signaled support for the merger. But DW's Henrik Böhme is not convinced it will solve the banks' structural problems.
Germany's two largest lenders, Deutsche Bank and Commerzbank, have confirmed they are in merger talks, bowing to pressure from the government. Both banks saw their share prices collapse by more than half last year.