Investment Banking

Deutsche Bank bosses mulled UBS merger scenario — report

German bank's management considered a range of options, including a tie-up with Commerzbank

Deutsche Bank bosses mulled UBS merger scenario — report
Photo: Getty Images

Deutsche Bank management, under the leadership of new chief executive Christian Sewing, have considered a hypothetical merger with UBS, the German business daily Handelsblatt reports.

At an annual strategy meeting earlier this month, Deutsche's management and supervisory boards considered a range of scenarios for the future of Germany's largest bank, including mergers with rivals.

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