Unions warn merger of two German lenders could put up to 30,000 jobs at risk

Deutsche Bank has confirmed it is in merger talks with rival Commerzbank, putting an end to months of speculation over a potential tie-up that stands to shake up the German banking landscape.

While the move has been touted as a route to greater profitability for the troubled lenders, unions have warned that the merger could put up to 30,000 jobs at risk.

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