FIRST AIRED: March 18, 2019

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Germany's two biggest banks all talking about a merger to which a bank and comments bank confirmed long standing rumors on Sunday a tie up with three eight to make a bank behind an HSBC I would be in P. power about in Europe it would have about two trillion dollars in assets song would but both banks say talks will be slow and the outcome uncertain it is important to us that we will only engaging transaction if it makes economic sense therefore it's a plan especially a good integration plan Germany's government is in favor it once a national banking champion to support its export led economy but plenty of analysts think there is little chicken a merger to which %HESITATION merged on sky east from the two thousand and eight financial crisis but has struggled ever since comments bank has also found it hard to generate profits a merger might just create a bigger bank with the same problems unions aren't keen either they say tens of thousands of jobs would be at risk in a deal that creates no added value now Royce to sources say the boards of both banks will meet on Thursday to discuss the tie up there will be a lot more talking before and the deal is done