Daily Business Wrap - 30,000 jobs cuts seen from Deutsche-Commerz Bank merger
A merger of Deutsche Bank and Commerz Bank could result in 30,000 job losses
A merger of Deutsche Bank and Commerz Bank could result in 30,000 job losses, according to a union representative who is a Deutsche supervisory board member. A successful tie-up would create the second largest bank in Europe, behind HSBC.