The Fiasco of Political Banking, Deutsche Bank and Commerzbank Abandon their Merger Plans:
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Bibliographische Detailangaben
1. Verfasser: Płóciennik, Sebastian (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Warszawa [Poland] Polski Instytut Spraw Międzynarodowych 2019
Schlagworte:
Online-Zugang:BSB01
Beschreibung:The merger of Germany's Deutsche Bank and Commerzbank was to lead to the creation of a market player large enough to support the foreign expansion of German industry. The politically-motivated plan failed due to investors' reluctance and the fear of creating a financial institution that was "too big to fail". However, the fiasco of the project creates space for European mergers that will favour the completion of the banking union in the EU.
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