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Bloomberg

From Ugly Duckling to EnVogue: Commerzbank Luring Suitors

  • September 22, 2017
  • min read

Bloomberg

From Ugly Duckling to EnVogue: Commerzbank Luring Suitors

“The German [banking] market continues to be very difficult in comparison to many European countries,” said Dirk Vater, a partner with Bain & Company. “Margins are thin thanks to strong competition, fragmentation and very price sensitive retail clients.”