Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Business Briefs

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Business Briefs

Article excerpt

Merger of Deutsche Bank, Commerzbank looks likely

A merger of Deutsche Bank and Commerzbank looks like the most likely endgame as Germany's largest listed lenders run out of time to show they can grow as standalone companies. There's no mandate to pursue a deal and other options are still being considered, but Deutsche Bank CEO Christian Sewing has given up his resistance, said a person familiar with the matter.

SEC launches major review of equity trading rules

The Securities and Exchange Commission is starting a review of rules that have underpinned trading on the New York Stock Exchange and Nasdaq markets, according to SEC Chairman Jay Clayton. The SEC hasn't conducted a sweeping review of the Regulation National Market System, designed to improve fairness in price execution and access to market data, since it was adopted in 2005. …

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