Deutsche Bank Merging With Commerzbank

FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) - Deutsche Bank was set on Sunday to announce merger talks with fellow German lender Commerzbank, according to a person with knowledge of the matter. The planned formal disclosure increases the chances of progress on a tie-up between the nation’s two largest banks that has long been the subject of speculation and has been pushed for by the German government amid concerns about the health of the country’s flagship bank. http://feeds.reuters.com/~r/reuters/topNews/~3/3NamP0I-ms8/deutsche-bank-set-to-announce-merger-talks-with-commerzbank-source-idUSKCN1QY0B4 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com