Deutsche Boerse CFO, Gregor Pottmeyer, gives his thoughts on how Brexit may or may not impact the mega-merger between the lender and the London Stock Exchange.
In the third quarter, Deutsche Boerse saw a more challenging market environment, following the Brexit vote says CFO, Gregor Pottmeyer when commenting on its earnings.
The European Central Bank President insisted that the bank's low interest rate policies were not responsible for the problems at Deutsche Bank.
'If now, without NPLs, with a clear strategy, I think this bank could be a very good bank for the future.'
The case for merging the London and German stock exchanges has strengthened since the Brexit vote, a Bundesbank board member said on Wednesday.
Deutsche Boerse said that the work of a referendum committee to make its planned merger with LSE Brexit-proof may take months to complete.
Deal-making in the U.K. suffered due to uncertainties in the lead up to, and surrounding, Britain's decision to quit the EU, according to a report.
European markets ended lower on Monday, as concerns about the U.K.'s Brexit vote returned to weigh on investor sentiment.
Shareholders of the London Stock Exchange Group voted 99.89 percent in favor of merging with Deutsche Boerse on Monday.
London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group.
U.S. exchange and clearing house operator Intercontinental Exchange has announced it did not intend to make a rival offer for London Stock Exchange Group.
European stocks finished mixed on Thursday as markets eyed the rebound in oil prices, after digesting earnings and the latest central bank decisions.
Gregor Pottmeyer, CFO of Deutsche Boerse, discusses the company's earnings and talks about how Brexit could impact the merger with the LSE.
European stocks finished slightly higher on Wednesday, as investors remained cautious ahead of the latest Fed decision and digested earnings.
Lothar Mentel, CIO of Tatton Investment Management, says the merger with Deutsche Boerse will streamline settlements and bring down costs.
Panmure Gordon’s head of M&A, Karri Vuori says the LSE merger with Deutsche Boerse would be very good commercially, yet on a financial level there are some concerns.
The deal would create the largest exchange in Europe, with a market cap close to $30 billion.
CNBC takes a look how the Deutsche Boerse-LSE deal could reorder the major players in the sector.
Deutsche Boerse on Wednesday announced a merger with the London Stock Exchange Group (LSE), targeting cost savings.