Deutsche Bank, Mediobanca to advise Liberbank and Unicaja on merger, source says

Industry:    2020-10-08

Germany’s Deutsche Bank and Italian investment bank Mediobanca are set to advise Spanish lenders Liberbank and Unicaja respectively on a potential merger deal, a source with direct knowledge of the matter said on Wednesday.

Mediobanca, Deutsche Bank and Liberbank declined to comment, while Unicaja said no contract had been awarded in the potential tie-up to create Spain’s fifth-biggest lender with over 100 billion euros ($117.38 billion) in total assets.

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