The Deutsche Bank and Commerzbank flirt violently. The German Finance Minister, Olaf Scholz, has confirmed talks between the two largest German banks . Longer speculation about the merger of the Institute. With the merger, a new Bank would be created.
In an international comparison, Chinese banks dominate. Three institutes from the country in the the middle of – measured in the balance sheet total at the top of the list of the world's largest banks. On place 6, the first American Bank, behind it are the British HSBC and the French PNB Paribas consequences.
Deutsche Bank is in this comparison, the 15.-largest Bank. Commerzbank would add, would increase the balance sheet total of over 2 billion dollars. The new financial institution would be the second largest Bank in Europe and among the ten largest banks in the world. However, the distance to the Chinese, is still considerable. The number 1 – the Industrial and Commercial Bank of China – still have a nearly $ 1.3 billion, larger balance-sheet total.
The Swiss big banks, UBS and Credit Suisse to bake in this Ranking of smaller rolls. UBS reported at the end of 2016 with a balance sheet total of around 920 million Swiss francs, competitor, Credit Suisse a little more than 800 million Swiss francs.
No large mergers more
The meeting of the German Bank and Commerzbank would therefore be one of the big mergers in the financial world. And the attention-Yes, the most frightening thing for years, for decades.
But the inner-German Fusion is not the only consolidation rumor in the industry. In the past year, media reported about a possible merger of UniCredit, the largest Italian credit institution, and France's Société Générale. The two banks would find themselves in similar climes as a merged Deutsche Bank/Commerzbank.
in England, there were rumors of a merger of Barclays and Standard Chartered. In the USA a major merger. There, BB&T and SunTrust want to go together and would belong to each of the largest six us banks.
Since then, major Acquisitions were rare, and also because the Bank regulators-circuits ogle after the financial crisis, such cooperation is critical.
The recent high profile mergers in the banking world for a while are already. So crisis, wanted to just in front of the world economy, the Royal Bank of Scotland, the Belgian-Dutch Fortis and Spain's Banco Santander to divide ABN Amro among themselves. But also the UK's Barclays was interested. It's a spat to the Bank, with more nationalisation and a re-establishment of the Dutch ABN Amro.
Also in 2008, the Deutsche Bank and the Postbank approached. After a change of course in the process of integration of Postbank has been completed only recently.
Since then, major Acquisitions were rare, and also because the Bank regulators-circuits ogle after the financial crisis, such cooperation is critical. If, then, there were smaller institutions merged. (Editorial Tamedia)
Created: 12.03.2019, 20:43 PM