lead to enormous cost savings but opposition politicians and economists oppose the move german services union verity has warned a merger could cost up to thirty thousand jobs due to bank supervisory board set to meet on thursday to discuss the potential merger. let's get the view from the world financial center on this was our correspondent standing by yes the idea here is to create a german banking giant that can hold its own among the heavyweights of the industry is wall street shivering already well so far wall street is not really pumped up about the potential merger between the two and tim if you compare for example the doj a bank and commerzbank together they might have a market cap of a good thirty billion dollars in comparison to j.p. morgan it's worth about three hundred fifty billion dollars so more than ten times as much and if you look at the u.s. banks in the past couple of years they've done their homework and after the financial crisis we saw billions of dollars in write downs we saw hundreds of thousands of layoffs with that they could restart sort of from zero and seem to be quite s