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Market Closed -
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After market 03:59:26 pm | |||
| 14.06 EUR | +1.44% |
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14.12 | +0.50% |
| 05:06pm | Wall Street: Meta and GDP dampen spirits | CF |
| 01:03pm | Commerzbank-Acquila Capital JV Gets EU Approval | MT |
BERLIN (Reuters) - An economic advisor to the German government, Isabel Schnabel, said on Tuesday she strongly advised against a possible merger of Deutsche Bank and Commerzbank.
"I would strongly advise against creating an even larger national champion," she said, adding that cost savings would probably not be easy to achieve, it was not clear the deal would make business sense and that it would exacerbate the "implicit state guarantee".
(Reporting by Klaus Lauer and Reinhard Becker; Writing by Paul Carrel; Editing by Madeline Chambers)
| 1st Jan change | Capi. | |
|---|---|---|
| +30.62% | 17.54B | |
| +12.59% | 301B | |
| +9.16% | 249B | |
| +21.76% | 212B | |
| +17.11% | 172B | |
| +7.31% | 161B | |
| +4.15% | 153B | |
| -11.61% | 138B | |
| -0.39% | 137B | |
| +2.86% | 125B |
COMMERZBANK AG 
