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German Banks Avoid Swirl of Transactions.
- Source :
-
New York Times . 8/10/2004, Vol. 153 Issue 52937, pW1-W7. 999p. 1 Color Photograph. - Publication Year :
- 2004
-
Abstract
- Reports on the implications of the decision of Commerzbank to cancel talks to buy BHF-Bank, a small bank based in Frankfurt, Germany. Reasons for deciding not to pursue the merger; Inability to offset the cost of laying off redundant employees through the acquisition of BHF-Bank customers; Opposition of layoffs from employees and some senior executives.
- Subjects :
- *BANK mergers
*MERGERS & acquisitions
*BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 153
- Issue :
- 52937
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 14406189