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Deutsche Bank CEO Downplays Acquisitions Amid Commerzbank Merger Speculation

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Source: CNBC
Deutsche Bank CEO Downplays Acquisitions Amid Commerzbank Merger Speculation
Photo: CNBC
TL;DR

Deutsche Bank CEO Christian Sewing stated that mergers and acquisitions are not a priority for the bank at the moment, dampening rumors of a potential tie-up with Commerzbank. Sewing emphasized the importance of regulatory preconditions and fair value gaps in the banking industry, and highlighted the focus on the bank's own business. While acknowledging the inevitability of a recession in Germany, Sewing urged leaders to accelerate the country's decoupling from China.

Topics:businessfinance#christian-sewing#commerzbank#deutsche-bank#european-banking-union#finance#merger
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  1. Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl  CNBC
  2. Deutsche Bank CEO: M&A not priority this year - CNBC interview  Yahoo Finance
  3. Deutsche Bank Watching ‘Tricky’ M&A Conditions, CFO Says  Bloomberg Television
  4. As Deutsche Bank warns on bonuses, traders are leaving  eFinancialCareers
  5. Report: Commerzbank and Deutsche Bank Ressurect Merger Talks  PYMNTS.com

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