--Germany's Commerzbank AG (CRZBY) would like to move deeper into discussion on a merger deal sooner than potential tie-up partner Deutsche Bank AG (DB), Reuters reports Wednesday, citing "two people with knowledge of the matter."

--Commerzbank is seeking a quick decision on whether the two companies will move forward with their discussions, but Deutsche Bank is seeking more time, the report said.

--The two banks confirmed on March 17 that they were formally discussing a merger.

 

Full story: https://www.reuters.com/article/us-commerzbank-m-a-deutsche-bank-merger/deutsche-bank-and-commerzbank-divided-over-pace-of-merger-talks-sources-idUSKCN1RF25X?il=0

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 03, 2019 13:38 ET (17:38 GMT)

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