FRANKFURT (dpa-AFX Broker) - Vague takeover speculation moved the shares of Deutsche Bank, Commerzbank and ABN Amro prematurely on Monday. As the Bloomberg news agency wrote on Friday after the close of trading, citing people familiar with the matter, Deutsche Bank has recently been increasingly discussing possible takeovers, including the names of European banks such as Commerzbank and ABN Amro. Spokespeople for the banks declined to comment to Bloomberg.

The shares of Commerzbank and the Dutch bank ABN Amro rose by 1.6 percent and 2.7 percent respectively on the Tradegate trading platform on Monday morning compared to the Xetra close and the closing price on Euronext. Deutsche Bank's share price was virtually unchanged.

It is standard practice for companies to constantly review acquisitions within the sector. In the past, there had also been speculation from time to time about a merger between the two Frankfurt-based banks Deutsche Bank and Commerzbank. A few years ago, Deutsche Bank and Commerzbank even discussed a merger, but the talks ended in April 2019./mis/he

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