financial market experts evaluated a possible merger of Deutsche Bank and Commerzbank critical. A survey conducted by the centre for European economic research (ZEW) reported that only 15 percent of respondents expect positive effects of such a merger for the German financial system. Almost 80 percent of the survey participants fear, therefore, systemic risks.
ZEW President Achim Wambach warned that the new Bank could be because of their size, dangerous. “An increase in systemic risk is to be expected and should be borne in mind, when it comes to the creation of a new major Bank,” said Wambach. The two Frankfurt institutions had reported on Sunday, “the result of open discussions about a possible merger.”
A majority of people believe that a merger will not bring significant benefits, with a view to increasing the competitiveness, then, the merged Bank. Almost 55 percent do not expect that the new Bank would be internationally competitive as the two previous companies. Almost 80 percent also fear a rise in the systemic risk, should it come to Fusion.
The majority of the negative attitude of the respondents is not directed to a possible Bank merger information, however, against large banks. Slightly more than half of the experts agreed that the domestic economy was in need of a major German Bank. Almost 31 percent disagreed.
Deutsche Bank head Christian Sewing looks, however, many good reasons for a merger with Commerzbank. He wanted to convince the since lunch the Supervisory Board of the largest domestic private Bank by the sense of such a deal, the smaller rivals, Reuters news Agency reported, citing a Person in the immediate environment of the CEO. Another Person said, therefore, that Deutsche Bank had not started any formal negotiations with Commerzbank, when you would expect them to fail.