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Glory Days to Failed Merger: Deutsche-Commerzbank Over 150 Years

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Bloomberg’s Tony Czuczka explains why Deutsche Bank agreed to begin government-backed merger talks with Commerzbank.(Source: Bloomberg)
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Deutsche Bank AG and Commerzbank AG have ended talks on a tie-up that would have combined the two largest publicly traded banks in Germany.

The lenders -- both based in Frankfurt and 150 next year -- were set up to support German companies trading around Europe and beyond. The German government still views that role as crucial and favored a merger.