Viewsroom: German bank M&A’s questionable logic
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 21 March 2019
⏱️ 23 minutes
🧾️ Download transcript
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| 0:00.0 | Something unexpected has arrived in Happy Meal. |
| 0:03.2 | Teenage Mutant Ninja Turtles and Hello Kitty and friends are teaming up for the Ultimate Collab. |
| 0:08.3 | Joining your little ones on a fun-fueled adventure. |
| 0:11.0 | Some fun, some food, it's all inside this Happy Meal. |
| 0:16.3 | Until the 2nd of February from 11am includes one pre-selected book or toy whilst that's last. |
| 0:20.3 | The views expressed on this podcast are those of the participants, not of Roiders' news. |
| 0:30.1 | Is a merger between German banking giants, Deutsche and Commerz, a smart idea? |
| 0:35.4 | Volkswagen's boss has to deal with another emissions scandal, this time from his own mouth, |
| 0:40.4 | and is a Chinese housing unicorn getting too clever in how it finances rent. |
| 0:45.4 | Welcome to the Views Room, a weekly podcast from Reuters Breaking Views. |
| 0:49.0 | I'm Anthony Curry, and later in the program, we'll hand over to our colleagues in Asia |
| 0:52.5 | to explain how Dan Kerr has |
| 0:54.3 | become a mover and shaker in Chinese real estate. We start, though, with one of the worst |
| 0:59.1 | kept secrets in European financial markets. Deutsche Bank and Commerz Bank are discussing a merger. |
| 1:05.1 | The two lenders confirmed over the weekend that they're in talks, more than the week after |
| 1:08.5 | Reuters first reported it and after months, |
| 1:11.1 | if not years of speculation. Marrying rival banks often brings big benefits and returns to shareholders, |
| 1:17.3 | usually by laying off thousands of employees and cutting other costs. But these once formidable |
| 1:22.0 | institutions are now in such a beleaguered state that even throwing them together might not help. |
| 1:26.5 | Well, so says our European |
| 1:28.0 | banking columnist Christopher Thompson who joins us from London. Chris, nice to have you on the show again. |
| 1:32.6 | Good to be here. Thank you. So, Chris, as I said, years of speculation and denials about this. |
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