Deutsche Bank: stock down; is a merger ahead?

(CercleFinance.com) - The Deutsche Bank stock fell nearly 1.
5% on the Frankfurt Stock Exchange yesterday, following merger rumours.
Deutsche Bank appears to have presented to its board of directors several potential merger projects with Commerzbank and UBS says the German newspaper, Handelsblatt. The merger project with UBS seems more attractive, due to synergies in investment banking and Wealth management, analysts at Aurel BGC report.

A merger with Commerzbank would lead to greater restructuring, due to the high number of joint businesses between both groups.

According to the Italian newspaper II Sole 24, Deutsche Bank would like to make a capital increase of at least 13 billion euros to complete a merger with Commerzbank. The newspaper points out that the German group has already made five capital increases since 2008, totalling 30 billion euros.



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