Deals
A German Bank Sees More Consolidation After Merging 19 Times
- Frankfurter Volksbank is in process of integrating two lenders
- CEO Eva Wunsch-Weber expects stronger banks after such deals
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(Machine translation provided by Google and reviewed by Bloomberg editors)
The number of German banks has been declining for years. One lender that is fueling this trend is located right in the country’s financial capital.