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kleinbl00  ·  3006 days ago  ·  link  ·    ·  parent  ·  post: Coco bonds stage summer revival

Hella strong and getting stronger

    Germany’s two biggest lenders, Deutsche Bank and Commerzbank, held talks about a tie-up earlier this month, before deciding that it was not the right time to proceed with a combination.

    Talks ran for about two weeks, involving Deutsche’s chief executive, John Cryan, as well as his counterpart at Commerzbank, Martin Zielke, according to people familiar with the situation.