News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Commerzbank shares jump as takeover bankers are drafted in

German lender is understood to be working with Goldman Sachs and Rothschild

Commerzbank shares jump as takeover bankers are drafted in

Shares in Commerzbank jumped more than 4% today amid reports the German lender had engaged investment bankers to advise it on potential takeover offers.

Commerzbank is understood to be working with Goldman Sachs and Rothschild — two of Europe's best-known banks for M&A work. A spokesman for Commerzbank declined to comment on the news, which was first reported by the Financial Times.

WSJ Logo