Deutsche Bank Said to Be Considering Deal With Commerzbank

The transcript discusses the potential merger of two banks in the German market, highlighting the need for scale and cost-cutting synergies. However, both banks are currently focused on turnaround plans before considering a merger. Additionally, Deutsche Bank is pursuing the sale of its energy portfolio as part of a broader strategy to simplify and restructure its business, particularly its investment banking division. The merger is seen as a long-term possibility once other restructuring efforts are completed.

In what ways are synergies expected to help Deutsche Bank?

What does the text suggest about the current state of Deutsche Bank's business?