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Deutsche Bank proposing merger of divisions

Deutsche Bank is examining whether it can merge its various divisions in order to overcome regulatory hurdles and handle any possible crisis in future. The bank is said to be looking at creating a holding company structure and 3 large independent core divisions overseen by a common management board and sharing stripped-down support functions. The bank’s CEO Christian Sewing had announced the bank’s 4th restructuring in 3 years, mostly focused on cuts to the investment bank, though has yet to convince investors of its merits after the share price dropped almost 40% this year. There is also speculation about a potential merger with Commerzbank, Germany’s second-biggest listed bank.

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