Deutsche Bank, Commerzbank Edge Closer to Merger

The transcript discusses the potential merger involving Deutsche Bank and Commerce Bank, highlighting its inevitability and the economic pressures from the German economy. It explores the history of the merger talks since 2016, the role of Deutsche Bank in lending, and the challenges it faces. The discussion also touches on Deutsche Bank's global ambitions and the German government's stance on the merger.

In what ways has Deutsche Bank scaled back its global ambitions?

What is the significance of the German Government's stance on Deutsche Bank's future?