Deutshe Bank has been in the doldrums for many years, especially since 2016, when the biggest German lender, was hit by misconduct fines relating to mortgage mis-selling; as were swathes of global banking giants, for the financial crisis wreaking havoc and eventual taxpayer bailout.
While we don't Fund Portfolio Management don't believe the tie-up with Commerz Bankis the solution, it provides a template for the consideration ahead of a merger. And certainly before verdict of current misconduct of money-laundering with Dankse Bank, is released it needs to shore up its balance sheet.
Submitted January 29, 2019 at 08:33AM by LineBallTennis http://bit.ly/2WuSVtA
