Verdi union speaks out against any Deutsche Bank, Commerzbank merger

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Germany’s Verdi labor union on Tuesday voiced concern over any possible merger between Germany’s largest banks – Deutsche Bank and Commerzbank.

Jan Duscheck, head of Verdi’s banking division, said that any possible merger would lead to big job cuts.

Speaking to journalists, Duscheck also said that the union did not see any added value from a possible merger between the two banks.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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