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Deutsche Bank and Commerzbank Disagree Over Timing of Talks

The Deutsche Bank AG headquarters, left, stand alongside the Commerzbank AG headquarters in Frankfurt on March 18, 2019. 

The Deutsche Bank AG headquarters, left, stand alongside the Commerzbank AG headquarters in Frankfurt on March 18, 2019. 

Photographer: Alex Kraus/Bloomberg
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Deutsche Bank AG and Commerzbank AG are at odds over how quickly to update shareholders on their takeover talks, according to people familiar with the matter.

While Commerzbank Chief Executive Officer Martin Zielke wants a decision as soon as possible, Deutsche Bank CEO Christian Sewing wants time to assess the deal, the people said, asking not to be identified. He would like to wait until after April 21, Die Welt reported Wednesday, without saying how it obtained the information.