Deutsche Bank chairman rules out pan-European merger -Frankfurter Allgemeine

Germany’s biggest lender last week announced a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. “At the moment the fantasy for a pan-European merger is muted as we have other priorities,” Achleitner told the weekly newspaper in an interview published on Saturday.