Deutsche Bank: again subject to sector concentration rumours
(CercleFinance.com) - The German economic daily Handelsblatt has also made comments on a potential concentration in the banking sector in Germany.
According to the business daily, the federal government has approached the national financial regulator, BaFin, on the matter.
We need a world-class sustainable and competitive financial sector, said Olaf Scholz, vice-chancellor and finance minister of Merkel's government, quoted by Handelsblatt.
In recent months, press reports regularly mention a possible merger between Deutsche Bank and Commerzbank, amongst other banks.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
According to the business daily, the federal government has approached the national financial regulator, BaFin, on the matter.
We need a world-class sustainable and competitive financial sector, said Olaf Scholz, vice-chancellor and finance minister of Merkel's government, quoted by Handelsblatt.
In recent months, press reports regularly mention a possible merger between Deutsche Bank and Commerzbank, amongst other banks.
Copyright (c) 2019 CercleFinance.com. All rights reserved.