Deutsche Bank and Commerzbank confirm discussions to merge

Deutsche Bank and Commerzbank confirm discussions to merge

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 and Commerzbank are in discussions about a possible merger, the two German banks confirmed on Sunday.

“There is no certainty that any transaction will occur,” Deutsche Bank said in a statement.

Reporting by Tom Sims; Editing by Ludwig Burger

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