so partly there's movement in the merger talks between germany's two biggest lenders storage a bank spog. play the game italy's uni cricket said it would be interested in buying. weald sports sources told the financial times the italian bank has apparently ready to make a multi billion euro offer in case the talks between the two german banks fail according to the if seems to me credit would then merge come outfront with munich based on which the italians board fifteen years of gold by steep climb to comment on the ripples. maybe get some more information out of snowden alone standing by at the frankfurt stock exchange you know that's an interesting turn of events did anyone see that company. well unicredit has a history of wanting to take over come out as early as twenty seventy and they went to the german government to say so bearing in mind that the german government is the largest shareholder for bank of bands about plan amid its own restructuring but it clearly appears to be resurfacing now now what's interesting about the report is this bit where it explains to us that uni credit i

six weeks ago as well as outright opposition now those discussions between deutsche bank and combet spog officially collapse the fusion would have created the country's largest financial institution and likely bled tens of thousands of jobs the banks themselves said today that a merger would have been too costly and complex take a look at bellin wanted it to happen but that wasn't enough to unite the two chairmen giants banks said right from the beginning we would only go into these this which are if it makes it can all make sense if it is beneficial for shareholders and pull the stake. this was not given here off to very deep conversations and talks with comments been. we came to the conclusion if we put chances and rist against each other that we should start talks about this merger not the government's hopes of the two banks combining to create a powerful national champion for germany's finance sector have proven and should reach deutsche bank and connects bank have concluded the benefits would be outweighed by the risks the restructuring costs and the capital requirements they've bot

on sites spreading fake names at the heart of the spog a nice eco.