Deals
Deutsche Bank Sees Merger by Mid-Year If All Else Fails
- Executives are said to worry bank is running out of time
- CEO Christian Sewing has pleaded for patience with his plan
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Deutsche Bank AG executives are worried that they’re down to the last 60 days to turn around their struggling franchise.
On the eve of fourth-quarter results that are likely to reflect its troubles, the bank’s ability to avoid a government-brokered merger with Commerzbank AG could rest on its performance in the first quarter of 2019, according to people briefed on the thinking of its top executives.