German government sounds out bank supervisors on bank merger: report
Reuters
Published Jan 15, 2019 01:00PM ET
German government sounds out bank supervisors on bank merger: report
FRANKFURT (Reuters) - German government representatives have asked banking supervisors how they would view a merger between Germany's two largest banks, Deutsche Bank (DE:DBKGn) and Commerzbank (DE:CBKG), a German newspaper reported on Tuesday.
Handelsblatt, citing unnamed sources, reported that the government was trying to build support for a merger between the banks.
Commerzbank, BaFin and the Finance Ministry declined to comment. Deutsche Bank didn't immediately respond to a call and email seeking comment.
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Written By: Reuters
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