Deutsche Bank and Commerzbank to keep Deutsche Postbank in the event of merger
German banks Deutsche Bank (DB) and Commerzbank would keep DB's Deutsche Postbank in the event of a merger, Die Welt reported.
The German daily cited unnamed sources close to the talks would said it would make sense to keep Postbank in the event of a merger. DB announced plans to sell Postbank earlier this year, the report noted.
It is unclear how the competition commission would react to a merger of the two banks including Postbank, the report stated.
Die Welt