German SMEs oppose possible Deutsche-Commerzbank merger
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BERLIN (Reuters) - Two powerful German business associations said on Friday they were not in favour of a possible merger between Deutsche Bank and Commerzbank, arguing that such a deal could harm competition."More competition is fundamentally welcome," Reinhold von Eben-Worlee, head of the Family Businesses Association, told Reuters. "Therefore, we see no reason why the two banks should merge."Mario Ohoven, president of the German Association for Small and Medium-sized Enterprises (DMB), made..