Deutsche Bank Said to Prep for Potential Merger by Mid-Year

The video discusses a government-brokered merger between Deutsche Bank and Commerzbank, which has led to a decline in their share prices. The market is surprised by the merger's timeline, as the CEO had previously ruled out any actions before 2020. The CEO's turnaround plan aims to present a profit and cut costs, but challenges remain due to declining revenues.

What was the market's reaction to the news of the potential merger between Deutsche Bank and Commerzbank?

• The market was confused about the merger details.

• The market reacted negatively due to the unexpected timeline.

• The market was indifferent to the merger news.

• The market was optimistic about the merger.

Why were people surprised by the merger news?

• The merger was expected to be canceled.

• The merger was expected to involve a different bank.

• The merger was expected to happen much later.

• The merger was expected to happen much sooner.

What does the merger news indicate about the bank's situation?

• The bank is running out of options.

• The bank is planning to expand rapidly.

• The bank has many options available.

• The bank is in a strong financial position.

What is the CEO's main goal with the turnaround plan?

• To expand the bank's operations globally.

• To merge with another bank.

• To present the first annual profit since 2014.

• To increase the bank's revenue significantly.

What financial target is the CEO aiming to achieve with cost-cutting measures?

• To keep costs below €20 billion.

• To keep costs below €23 billion.

• To keep costs below €25 billion.

• To keep costs below €30 billion.