It could finally herald the beginning of urgently needed banking consolidation in Germany.
But for now, the merged bank and its employees face deep cutbacks.
Two administrative units have to be merged into one, a process that will render 9,000 jobs redundant.
This stance is simply naïve, but it also casts a bad light on the state of Dresder.
How troubled must a bank be if its employees want to flee unquestioningly into the arms of the Chinese, one has to wonder.
Commerzbank CEO Martin Blessing, the new strongman in Germany's banking sector, will now have his work cut out convincing staff of the merits of the deal.