Deutsche Bank (NYSE:DB) and Commerzbank (LON:CZB) are discussing merger talks. The fact that these meetings are occurring is a signal that Germany’s banking troubles are indeed accelerating.The banks are desperately seeking ways to cut costs and improve profitability. Their plans include restructuring and job cuts using highly unconventional measures. In June, Reuters cited anonymous sources saying that Commerzbank was exploring the option of hoarding billions of …
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